JACKSON, Mich., Nov. 11, 2016 /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 Jan. 1, 2017, to shareholders of record Dec. 5, 2016: $1.125 per share on the $4.50 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 and also owns and operates independent power generation businesses.
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SOURCE CMS Energy