CMS Energy's Board of Directors Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

CMS Energy has declared a quarterly dividend of 40.75 cents per share, payable on Aug. 31, 2020, to shareholders of record as of Aug. 7, 2020. This announcement reflects the company's ongoing commitment to return value to shareholders amidst its operations in electric and natural gas utilities.

As a Michigan-based company, CMS Energy primarily operates Consumers Energy and independent power generation businesses.

Positive

• Quarterly dividend of 40.75 cents per share indicates strong shareholder value.
• Payment date of August 31, 2020, supports investor confidence.

Negative

• None.

JACKSON, Mich., July 16, 2020 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.

The dividend for the common stock (CUSIP: 125896100) is 40.75 cents per share. It is payable Aug. 31, 2020, to shareholders of record on Aug. 7, 2020.

CMS Energy (NYSE: CMS) is a Michigan-based company that has an electric and natural gas utility, 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 on July 16, 2020?

The dividend amount declared by CMS Energy is 40.75 cents per share.

When is the CMS dividend payable?

The CMS dividend is payable on August 31, 2020.

What is the record date for CMS's dividend?

The record date for CMS's dividend is August 7, 2020.

How often does CMS Energy declare dividends?

CMS Energy typically declares dividends quarterly.

What is the primary business of CMS Energy?

CMS Energy primarily operates in electric and natural gas utilities through Consumers Energy.