CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock

Rhea-AI Summary

On February 11, 2022, CMS Energy declared a quarterly dividend of $0.2625 per depositary share on its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C. The dividend will be payable on April 15, 2022, to shareholders on record as of April 1, 2022. CMS Energy, based in Michigan, primarily operates through Consumers Energy and also runs independent power generation businesses.

Positive

• Dividend of $0.2625 per depositary share announced.
• Dividends signify company confidence in financial health.

Negative

• None.

JACKSON, Mich., Feb. 11, 2022 /PRNewswire/ -- The Board of Directors of CMS Energy, has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation.

The following dividend is payable April 15, 2022, to shareholders of record at the close of business on April 1, 2022: $0.2625 per depositary share.

CMS Energy (NYSE: CMS) is a Michigan-based energy provider featuring Consumers Energy as its primary business. It also owns and operates independent power generation businesses.

For more information on CMS Energy, please visit our website at cmsenergy.com.
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SOURCE CMS Energy

FAQ

What is the dividend amount declared by CMS Energy?

CMS Energy declared a dividend of $0.2625 per depositary share.

When is the dividend payable to shareholders?

The dividend is payable on April 15, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is April 1, 2022.

What type of stock is the dividend declared on?

The dividend is declared on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C.