CMS Energy's Board of Directors Increases Quarterly Dividend On Common Stock By 6 Percent, To 27 Cents Per Share

By Electric Energy Online

The Board of Directors of CMS Energy increased the quarterly dividend on the company's common stock by 6 percent, to 27 cents per share, up from 25.5 cents per share.

Based on Wednesday's (Jan. 22) closing price for CMS Energy common stock, $26.93, the higher dividend represents an annualized yield of 4 percent.

The first quarter dividend for the common stock is payable Feb. 28, 2014 to shareholders of record on Feb. 7, 2014.

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