CMS Energy (CMS) Raises Quarterly Dividend 7.3% to $0.3325; 3.1% Yield

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Go back to CMS Energy (CMS) Raises Quarterly Dividend 7.3% to $0.3325; 3.1% Yield

CMS Energy's Board Of Directors Increases Quarterly Dividend On Common Stock By 7 Percent, To 33.25 Cents Per Share

January 19, 2017 11:30 AM EST

JACKSON, Mich., Jan. 19, 2017 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock by 7 percent, to 33.25 cents per share, up from 31 cents per share.

Based on Wednesday's closing price for CMS Energy common stock, $42.19, the dividend represents an annualized yield of 3.2 percent.

The first quarter dividend for the common stock is payable Feb. 28, 2017, to shareholders of record on Feb. 3, 2017.

Patti Poppe, CMS Energy's president and chief executive officer, said the Board's... More