JACKSON, Mich., Aug. 6, 2020 /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 Oct. 1, 2020, to shareholders of record at the close of business on Sept. 8, 2020: $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb).
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.
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