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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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November 30, 2015
13:11 EDTCMSITC Holdings exploring a sale, Bloomberg reports
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12:55 EDTCMSITC jumps, halted, after Bloomberg says exploring sale
Shares of ITC Holdings (ITC) jumped and then halted for volatility after Bloomberg reported that the company is working with financial advisers to explore a sale. The electricity transmission company jumped 13%, or $4.32, to $38.07 before being halted. Its peers include CMS Energy (CMS), Allete (ALE) and NRG Energy (NRG).
November 20, 2015
15:15 EDTCMSCMS Energy authorized to increase retail electric rates
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