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

Rhea-AI Summary

Consumers Energy, the principal subsidiary of CMS Energy, has announced its quarterly dividend declaration on preferred stock. The Board of Directors has approved a dividend payment of $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb). The dividend will be paid on April 1, 2025, to shareholders of record as of March 3, 2025.

CMS Energy, based in Michigan, operates primarily through Consumers Energy and maintains independent power generation businesses. Shareholders can access additional dividend information, including tax status details, through the Tax Information section of CMS Energy's website.

Positive

• Regular quarterly dividend payment maintained, showing financial stability
• Consistent dividend distribution indicates strong cash flow management

Negative

• None.

News Market Reaction – CMS

-1.45%

1 alert

-1.45% News Effect

On the day this news was published, CMS declined 1.45%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

JACKSON, Mich., Feb. 14, 2025 /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, 2025, to shareholders of record at the close of business on March 3, 2025: $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb).

Additional dividend information, including the tax status of Consumers Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's website.

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.
To sign up for email alert notifications, please visit the Investor Relations section of our website.

View original content to download multimedia:https://www.prnewswire.com/news-releases/consumers-energy-the-principal-subsidiary-of-cms-energy-declares-quarterly-dividend-on-preferred-stock-302377187.html

SOURCE CMS Energy

FAQ

What is the dividend amount for CMS Energy's preferred stock in Q1 2025?

CMS Energy's preferred stock (CMS_pb) will pay a quarterly dividend of $1.125 per share for Q1 2025.

When is the payment date for CMS Energy's Q1 2025 preferred stock dividend?

The dividend payment date is April 1, 2025.

What is the record date for CMS Energy's Q1 2025 preferred dividend?

The record date for shareholders to receive the dividend is March 3, 2025.

What is the annual dividend rate for CMS Energy's $4.50 preferred stock?

Based on the quarterly dividend of $1.125, the annual dividend rate for the $4.50 preferred stock is $4.50 per share.