#United States #Dividend #Preferred Stock #Jackson #CMS Energy

CMS Energy Declares Quarterly Dividend on Preferred Stock

In a recent announcement, CMS Energy's Board of Directors has declared a dividend for its 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C, that will be payable on April 15, 2025. Shareholders on record as of the close of business on April 1, 2025, will receive a dividend of $0.2625 per depositary share, traded under the NYSE symbol CMS PRC.

Dividend Details

This dividend declaration signifies CMS Energy's commitment to providing returns to its investors, reinforcing their stature in the competitive energy market. The company, based in Jackson, Michigan, delivers energy primarily through its subsidiary, Consumers Energy, which serves millions of customers across the state.

CMS Energy is well-regarded for its contributions to the community, emphasized by its steadfast approach towards energy reliability and investment in renewable energy.

Tax Information

Additional information regarding the tax implications of CMS Energy's dividend distribution can be acquired via the Tax Information section on the company's official website. For transparency and to assist shareholders, these resources elucidate the tax status of various dividend payouts, ensuring investors are well-informed.

About CMS Energy

For those unfamiliar, CMS Energy is a significant player in the energy sector, offering not only consumer energy solutions but also operating its independent power generation businesses. The company emphasizes a balanced approach to energy provision, reflecting its goals towards sustainable and reliable service delivery.

Shareholders interested in staying updated about company announcements are encouraged to visit the Investor Relations section on the CMS Energy website. Here, investors can sign up for email alerts ensuring they never miss critical updates on dividends, earnings, and other corporate actions.

As the energy landscape continues to evolve, CMS Energy remains committed to transparency and communication with its shareholders, reinforcing their strategic vision and growth trajectory in the energy market.

Conclusion

Investors seeing the dividend announcement for CMS Energy's Cumulative Redeemable Perpetual Preferred Stock should view this as a positive sign of financial health and a commitment to shareholder value. As April approaches, shareholders can look forward to this dividend, a testament to CMS Energy's effective management and business strategy in delivering consistent returns.

For further insights into CMS Energy’s operations and future prospects, more information is readily available on their website at cmsenergy.com.