CMS Energy Corp. (CMS) recently announced that its board of directors has approved a 5.6% increase in its quarterly dividend rate. The revised quarterly dividend will be 51.50 cents, payable on Feb 29, 2024, to shareholders of record at the close of business on Feb 12, 2024.The company’s new annualized dividend rate is $2.06 per share, resulting in an annualized dividend yield of 3.5%, based on its share price of $58.84 as of Feb 1, 2024. The company’s current dividend yield is better than the Zacks S&P 500 ...

Tim Sparks Retires after More Than 30 Years with the Company JACKSON, Mich., Feb. 1, 2024 /PRNewswire/ -- CMS Energy and its principal subsidiary, Consumers Energy, announced today that Tim Sparks, vice president of electric supply, has retired after more than 30 years with the company. "Tim's knowledge and counsel will be missed in our electric supply organization, and he has consistently been an example of a co-worker who is 'Proud to Wear the Colors,'" said Tonya Berry, senior vice president of transform ...

CMS Energy Corporation (NYSE:CMS) Q4 2023 Results Earnings Conference Call February 1, 2024 9:30 AM ET Company Participants Srikanth Maddipati - Treasurer, Vice President, Finance and Investor Relations Garrick Rochow - President and Chief Executive Officer Rejji Hayes - Executive Vice President and Chief Financial Officer Conference Call Participants Nicholas Campanella - Barclays Capital Jeremy Tonet - J.P. Morgan Securities LLC Shahriar Pourreza - Guggenheim Partners David Arcaro - Morgan Stanley Michae ...

CMS Energy Corporation (CMS) reported fourth-quarter 2023 adjusted earnings per share of $1.05, which surpassed the Zacks Consensus Estimate of $1.04 by 1%. The bottom line also increased 75% from 60 cents reported in the previous year.The company’s GAAP earnings came in at $1.05 per share compared with 58 cents in the fourth quarter of 2022.For 2023, the company reported adjusted earnings of $3.11 per share, which surpassed the Zacks Consensus Estimate of $3.10 by 0.3%. The bottom line also increased 7.6% ...

CMS Energy (CMS) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.96%. A quarter ago, it was expected that this energy company would post earnings of $0.63 per share when it actually produced earnings of $0.61, delivering a surprise of -3.17%.Over the last four quarters, the company ...

2023 Year-End Earnings Call February 1, 2024 Investors and others should note that CMS Energy routinely posts important information on its website and considers the Investor Relations section, www.cmsenergy.com/investorrelations, a channel of distribution. 3 2023 Successes . . . • Filed $7B Electric Reliability Roadmap highlighting 5-year pathway to improve reliability and resiliency • Grew Voluntary Green Pricing Program to ~365 MW (of 1 GW approved) • Met all requirements for inclusion in the MSCI ESG Lea ...

JACKSON, Mich., Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy today increased the quarterly dividend on the company's common stock to 51.50 cents per share, up from 48.75 cents per share.  Based on Tuesday's closing price for CMS Energy common stock, $57.28, the dividend represents an annualized yield of 3.6 percent. The first quarter dividend for the common stock (CUSIP: 125896100) is payable Feb. 29, 2024, to shareholders of record Feb. 12, 2024. Garrick Rochow, CMS Energy's president ...

JACKSON, Mich., Feb. 1, 2024 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $3.01 for 2023, compared to $2.85 per share for 2022. The company's adjusted earnings per share for 2023 were $3.11, compared to $2.89 per share for 2022. CMS Energy also announced the increase of its annual dividend by 11 cents per share to $2.06 for 2024. CMS Energy raised its 2024 adjusted earnings guidance to $3.29 to $3.35 per share from $3.27 to $3.33 per share (*See below for important information a ...

Employees and retirees spent more than 65,000 hours volunteering across Michigan JACKSON, Mich., Jan. 30, 2024 /PRNewswire/ -- The Consumers Energy Foundation, Consumers Energy, and its employees and retirees donated more than $11 million dollars in grants, sponsorships and other supportive funding to nonprofits and municipalities across the state in 2023, empowering organizations to better the lives of people in Michigan, to bolster prosperity for communities, and protect the planet.  "Being a good corpora ...

JACKSON, Mich., Jan. 26, 2024 /PRNewswire/ -- The Consumers Energy Foundation is calling on nonprofit organizations across the state to submit letters of intent for the 2024 Planet Awards. The grants will provide as much as $250,000 to two or more Michigan nonprofits or municipalities aiming to make a positive impact on Michigan's land, water or air. A total of $500,000 will be awarded through this grant program. The Planet Awards are the first of three $500,000 signature grant rounds in 2024, totaling $1.5 ...