CMS Energy's Utility Subsidiary, Consumers Energy, Declares Quarterly Dividend on Preferred Stock
The Board of Directors of Consumers Energy, a subsidiary of CMS Energy, announced a quarterly dividend of $1.125 per share on its $4.50 preferred stock, payable on April 1, 2021. Shareholders of record by the close of business on March 1, 2021 will receive this dividend. CMS Energy, based in Michigan, operates primarily in the electric and natural gas utility sectors.
- Quarterly dividend of $1.125 per share indicates strong cash flow and shareholder confidence.
- Scheduled payment date of April 1, 2021, enhances shareholder trust.
- None.
JACKSON, Mich., Feb. 16, 2021 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the utility's preferred stock.
The following dividend is payable April 1, 2021, to shareholders of record at the close of business on March 1, 2021:
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
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