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

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management dividends
Rhea-AI Summary

On April 22, 2021, CMS Energy's Board of Directors declared a quarterly dividend of 43.50 cents per share on its common stock (CUSIP: 125896100). The dividend is payable on May 28, 2021, to shareholders of record as of May 7, 2021. CMS Energy, based in Michigan, operates primarily through Consumers Energy and also owns independent power generation businesses.

Positive
  • Quarterly dividend declared at 43.50 cents per share, providing income to shareholders.
  • Dividend payment demonstrates the company's confidence in maintaining financial stability.
Negative
  • None.

JACKSON, Mich., April 22, 2021 /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 43.50 cents per share. It is payable May 28, 2021, to shareholders of record on May 7, 2021.

     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 for 2021?

CMS Energy declared a dividend of 43.50 cents per share for the quarter.

When will the CMS Energy dividend be paid?

The dividend will be payable on May 28, 2021.

What is the record date for the CMS Energy dividend?

The record date for the dividend is May 7, 2021.

How often does CMS Energy pay dividends?

CMS Energy typically declares dividends on a quarterly basis.

What could impact the sustainability of CMS Energy's dividend payments?

Factors such as operational performance, revenue stability, and market conditions could impact the sustainability of dividend payments.

CMS Energy Corporation

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20.34B
298.73M
0.49%
95.93%
3.06%
Utilities - Regulated Electric
Electric & Other Services Combined
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United States of America
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