CMS.PRB

Ex-Div Reminder for CMS Energy Corp's $4.50 Series Cumulative Preferred Stock

On 12/1/23, CMS Energy Corp's $4.50 Series Cumulative Preferred Stock (Symbol: CMS.PRB) will trade ex-dividend, for its quarterly dividend of $1.125, payable on 1/1/24. As a percentage of CMS.PRB's recent share price of $84.08, this dividend works out to approximately 1.34%, so look for shares of CMS.PRB to trade 1.34% lower — all else being equal — when CMS.PRB shares open for trading on 12/1/23. On an annualized basis, the current yield is approximately 5.35%, which compares to an average yield of 6.81% in the "Utilities" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of CMS.PRB shares, versus CMS:

Performance Comparison Chart

Below is a dividend history chart for CMS.PRB, showing historical dividends prior to the most recent $1.125 on CMS Energy Corp's $4.50 Series Cumulative Preferred Stock:

CMS.PRB+Dividend+History+Chart

In Wednesday trading, CMS Energy Corp's $4.50 Series Cumulative Preferred Stock (Symbol: CMS.PRB) is currently down about 1.4% on the day, while the common shares (Symbol: CMS) are down about 0.4%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Also see:
• OTIC market cap history
• VLAT market cap history
• Institutional Holders of CCCL

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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