JACKSON,
Mich., Feb. 1, 2024 /PRNewswire/ -- The Board of
Directors of CMS Energy today increased the quarterly dividend on
the company's common stock to 51.50
cents per share, up from 48.75
cents per share.
Based on Tuesday's closing price for CMS Energy common stock,
$57.28, the dividend represents an
annualized yield of 3.6 percent.
The first quarter dividend for the common stock (CUSIP:
125896100) is payable Feb. 29, 2024,
to shareholders of record Feb. 12,
2024.
Garrick Rochow, CMS Energy's
president and chief executive officer, said the board's decision to
increase the current dividend to $2.06 per share on an annualized basis reflects
the successful execution of the company's strategy.
Additional dividend information, including the tax status of CMS
Energy's dividend distributions, can be obtained through the Tax
Information section of CMS Energy's
website, www.cmsenergy.com.
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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Relations section of our website.
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SOURCE CMS Energy