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On 7/1/24, CMS Energy Corp's 4.20% Cumulative Redeemable Preferred Stock, Series C (Symbol: CMS.PRC) will trade ex-dividend, for its quarterly dividend of $0.2625, payable on 7/15/24. As a percentage of CMS.PRC's recent share price of $19.02, this dividend works out to approximately 1.38%, so look for shares of CMS.PRC to trade 1.38% lower — all else being equal — when CMS.PRC shares open for trading on 7/1/24. On an annualized basis, the current yield is approximately 5.57%, which compares to an average yield of 6.38% in the "Utilities" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of CMS.PRC shares, versus CMS:

Below is a dividend history chart for CMS.PRC, showing historical dividends prior to the most recent $0.2625 on CMS Energy Corp's 4.20% Cumulative Redeemable Preferred Stock, Series C:

In Thursday trading, CMS Energy Corp's 4.20% Cumulative Redeemable Preferred Stock, Series C (Symbol: CMS.PRC) is currently up about 0.8% on the day, while the common shares (Symbol: CMS) are up about 0.2%.

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