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JACKSON, Mich. - CMS Energy (NYSE:CMS), a utility company with an impressive track record of raising dividends for 18 consecutive years, announced Monday that its Board of Directors has declared a quarterly dividend of 54.25 cents per share on the company’s common stock, representing a 5.34% growth from the previous year.
The dividend will be payable on August 29, 2025, to shareholders of record as of August 8, 2025, according to a press release issued by the Michigan-based energy company.
CMS Energy, which features Consumers Energy as its primary business, also owns and operates independent power generation businesses throughout Michigan.
Shareholders seeking additional information about the tax status of CMS Energy’s dividend distributions can access details through the Tax Information section of the company’s website.
The quarterly dividend announcement represents a routine distribution to the company’s shareholders as part of its ongoing dividend program.
In other recent news, CMS Energy Corporation has announced the pricing terms for a $147 million debt tender offer, aiming to purchase outstanding bonds from its subsidiary, Consumers Energy Company. The company will pay a total consideration of $565.15 per $1,000 principal amount for the bonds, and the early settlement date is scheduled for June 23. Additionally, KeyBanc has maintained its Overweight rating on CMS Energy, with a price target of $76.00, highlighting potential growth from legislative changes in Michigan. Meanwhile, Consumers Energy is set to upgrade 135 miles of natural gas pipelines across Michigan, involving over 600 employees and contractors. This initiative is part of their Natural Gas Delivery Plan, designed to ensure continued safe and reliable service. Furthermore, the annual shareholder meetings for both CMS Energy and Consumers Energy resulted in the election of all board nominees and the ratification of PricewaterhouseCoopers LLP as the independent auditor for 2025. The meetings also saw the approval of executive compensation and a proposal to enhance the ability to call special shareholder meetings. These developments reflect ongoing strategic and operational efforts by CMS Energy and its subsidiary.
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