PR Newswire
JACKSON, Mich., Jan. 17, 2019
JACKSON, Mich., Jan. 17, 2019 /PRNewswire/ -- The Board of
Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 38.25
cents per share, up from 35.75 cents per share.
Based on Wednesday's closing price for CMS Energy common stock, $50.54, the dividend represents
an annualized yield of 3 percent.
The first quarter dividend for the common stock is payable Feb. 28, 2019, to shareholders of
record on Feb. 1, 2019.
Patti Poppe, CMS Energy's president and chief executive officer, said the Board's decision to
increase the current dividend to $1.53 per share on an annualized basis reflects the successful
execution of the company's business strategy.
"We continue to execute our Triple Bottom Line strategy of people, planet and profit," Poppe said. "We are taking actions to
protect the environment, better serve our customers and strengthen our business, providing higher stock dividends that benefit
our investors."
CMS Energy (NYSE: CMS) is a Michigan-based company that has an electric and natural gas
utility, Consumers Energy, as its primary business and also owns and operates independent power generation businesses.
For more information on CMS Energy, please visit our website at www.cmsenergy.com. To sign up for email alert notifications, please visit the Investor Relations section of our website.
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SOURCE CMS Energy