CMS Energy's Board of Directors Increases Quarterly Dividend on Common Stock by 14 Percent, to 24 Cents Per Share
The Board of Directors of CMS Energy increased today the quarterly dividend on the company's common stock by 14 percent, to 24 cents per share, up from 21 cents per share.
Based on Thursday's closing price for CMS Energy common stock, $22.31, the higher dividend represents an annualized yield of 4.3 percent.
The first quarter dividend for the common stock is payable Feb. 29, 2012 to shareholders of record on Feb. 10, 2012.
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