Consumers Energy Declares Quarterly Dividends on Preferred Stock
The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared normal quarterly dividends on each series of the utility’s favored stock.
The subsequent dividends are payable April 1, 2011 to shareholders of record March 4, 2011: $1.04 per share to the $4.16 stock (NYSE:CMS_pa – News), and $1.125 per share about the $4.50 stock (NYSE:CMS_pb – News).
Also, a dividend of $0.96875 per protection on CMS Energy’s Quarterly Income Favored Securities (NYSE:CMS_pz – News) is payable April 15, 2011, to holders of record on March 31, 2011. CMS Energy will pay the trustee the curiosity on associated debentures to cover the dividend.
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