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Consumers Energy Foundation Announces 10 Finalists for $50,000 Put Your Town on the Map Competition
Prnewswire· 2024-03-14 14:40
JACKSON, Mich., March 14, 2024 /PRNewswire/ -- The Consumers Energy Foundation announced today the top 10 finalists for the Put Your Town on the Map Competition, which will provide $50,000 in grant funding for three projects to help small communities in Michigan grow and thrive. "The Consumers Energy Foundation has been proud to sponsor this competition since its inception, as every year we're able to provide funding for placemaking projects that enhance Michigan's small towns as great places to live," said ...
CMS Energy Declares Quarterly Dividend on Cumulative Redeemable Perpetual Preferred Stock
Prnewswire· 2024-02-09 17:00
JACKSON, Mich., Feb. 9, 2024 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a dividend on the 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C of the Corporation. The following dividend is payable April 15, 2024, to shareholders of record at the close of business on April 1, 2024: $0.2625 per depositary share. Additional dividend information, including the tax status of CMS Energy's dividend distributions, can be obtained through the Tax Information section of CMS Energy's ...
Consumers Energy, the Principal Subsidiary of CMS Energy, Declares Quarterly Dividend on Preferred Stock
Prnewswire· 2024-02-09 15:00
JACKSON, Mich., Feb. 9, 2024 /PRNewswire/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the utility's preferred stock. The following dividend is payable April 1, 2024, to shareholders of record at the close of business on March 4, 2024: $1.125 per share on the $4.50 preferred stock (NYSE: CMS_pb). Additional dividend information, including the tax status of Consumers Energy's dividend distributions, can be obtained through the Ta ...
ONCOURSE HOME SOLUTIONS ANNOUNCES ACQUISITION OF CONSUMERS ENERGY APPLIANCE SERVICE PLAN BUSINESS
Prnewswire· 2024-02-05 19:15
NAPERVILLE, Ill. , Feb. 5, 2024 /PRNewswire/ -- Oncourse Home Solutions (OHS), a leader in providing trusted and affordable home warranty solutions, announced today that its affiliate American Water Resources, LLC has entered into a definitive agreement with Consumers Energy, a subsidiary of CMS Energy (NYSE: CMS), whereby OHS will acquire the Consumers Energy Appliance Service Plan (ASP) business. The transaction is expected to close in the first half of 2024, subject to customary closing conditions. "We' ...
CONSUMERS ENERGY ANNOUNCES THE SALE OF ITS APPLIANCE SERVICE PLAN BUSINESS TO ONCOURSE HOME SOLUTIONS
Prnewswire· 2024-02-05 19:00
JACKSON, Mich., Feb. 5, 2024 /PRNewswire/ -- Consumers Energy, a subsidiary of CMS Energy (NYSE: CMS), today announced that it has executed a definitive agreement to sell its internal business unit, the Appliance Service Plan (ASP) to Oncourse Home Solutions. The transaction is expected to close in the first half of 2024, subject to customary closing conditions. "This announcement to sell our Appliance Service Plan business will allow that team to grow their business in a meaningful way at Oncourse," said B ...
CMS Energy (CMS) Rewards Shareholders With 5.6% Dividend Hike
Zacks Investment Research· 2024-02-02 14:46
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 ...
CMS Energy Announces Finance and Electric Supply Leadership Changes
Prnewswire· 2024-02-01 19:00
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(CMS) - 2023 Q4 - Earnings Call Transcript
2024-02-01 18:40
Company Participants Conference Call Participants Jason Shore, a 25-year veteran at CMS, has been named Treasurer and VP of Investor Relations. As I hand over the baton, I'm confident in Jason and our very experienced [indiscernible]. I've shared before on these calls, this isn't our first rodeo. The CMS team delivers now 21 years of exceptional performance. I am proud to share with you the highlights of the year. And I am proud of this team. You will see in the numbers and our operational highlight, 2023 w ...
CMS Energy's (CMS) Q4 Earnings Beat, Revenues Fall Y/Y
Zacks Investment Research· 2024-02-01 15:56
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) Beats Q4 Earnings Estimates
Zacks Investment Research· 2024-02-01 13:41
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 ...