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January 25, 2013
12:15 EDTCMSCMS Energy board raises quarterly dividend 6% to 25.5c per share
The Board of Directors of CMS Energy increased the quarterly dividend on the company's common stock by 6% to 25.5c per share, up from 24c per share. Based on Thursday's closing price for CMS Energy common stock, $25.28, the higher dividend represents an annualized yield of 4%. The Q1 dividend for the common stock is payable February 28 to shareholders of record on February 8. The company notes that its long-term business plan calls for 5%-7% annual earnings growth and expects to continue to increase its dividend.
News For CMS From The Last 14 Days
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February 8, 2016
09:35 EDTCMSCMS Energy downgraded to Neutral from Buy at Hilliard Lyons
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February 4, 2016
07:34 EDTCMSCMS Energy sees EPS growth of 6%-8% starting in 2017
07:34 EDTCMSCMS Energy increases projecting spending on CapEx over next 10 years to $17B
The company also increased its projected spending on capital expenditures over the next 10 years from $15.5 billion to $17 billion. The additional spending enables CMS Energy to increase its earnings per share guidance to 6% to 8%, starting in 2017.
07:33 EDTCMSCMS Energy raises FY16 EPS to $1.99-$2.02 from $1.87-$1.89, consensus $1.89
07:32 EDTCMSCMS Energy reports Q4 EPS 38c, consensus 38c
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