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Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock

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The Board of Directors of Consumers Energy, a subsidiary of CMS Energy, has declared a quarterly dividend of $1.125 per share on its $4.50 preferred stock (NYSE: CMS-PB). The dividend will be payable on October 1, 2022, to shareholders of record by the end of business on September 6, 2022. This declaration reflects the company's commitment to providing returns to its shareholders while continuing its operations in Michigan's energy sector.

Positive
  • Quarterly dividend of $1.125 per share demonstrates commitment to shareholders.
  • Dividend is sustainable with a clear payment schedule.
Negative
  • None.

JACKSON, Mich., Aug. 5, 2022 /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 Oct. 1, 2022, to shareholders of record at the close of business on Sept. 6, 2022: $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb).

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 $1.125 per share on its preferred stock.

When will the dividend be paid to shareholders?

The dividend will be paid on October 1, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is September 6, 2022.

What is the stock symbol for CMS Energy's preferred shares?

The stock symbol for CMS Energy's preferred shares is CMS-PB.

CMS Energy Corporation

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