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CMS Energy's Utility Unit, Consumers Energy, Declares Quarterly Dividends on Preferred Stock

CMS Energy's Utility Unit, Consumers Energy, Declares Quarterly Dividends on Preferred Stock


JACKSON, Mich., May 16 /PRNewswire-FirstCall/ -- The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared regular quarterly dividends on both series of the utility's preferred stock.

The following dividends are payable July 1, 2008 to shareholders of record June 6, 2008: $1.04 per share on the $4.16 stock (NYSE: CMS_pa), and $1.125 per share on the $4.50 stock (NYSE: CMS_pb).

Also, a dividend of $0.96875 per security on CMS Energy's Quarterly Income Preferred Securities (NYSE: CMS_pz) is payable July 15, 2008, to holders of record on June 30, 2008. CMS Energy will pay the trustee the interest on related debentures to cover the dividend.

CMS Energy (NYSE: CMS) is aMichigan-based company that has an electric and natural gas utility, Consumers Energy, as its primary business and also owns and operates independent power generation businesses.

For more information on CMS Energy, please visit our web site at: www.cmsenergy.com

SOURCE CMS Energy

Tags: Oil, Gas and Energy, Utilities, Banking and Finance, , michigan
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