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Article: CMS Energy's Consumers Energy Subsidiary Declares Preferred Dividends and Distributions on Securities.
- Article from:
- PR Newswire
- Article date:
- December 3, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DEARBORN, Mich., Dec. 3 /PRNewswire/ -- The Board of Directors of Consumers Energy Company, the principal subsidiary of CMS Energy Corporation (NYSE: CMS), has declared regular quarterly dividends on all series of the company's preferred stock. The dividends are payable Jan. 1, 2000, to shareholders of record Dec. 13, 1999.
The preferred dividends announced today by the Board of Directors are payable as follows: $1.04 per share on the $4.16 stock and $1.125 per share on the $4.50 stock.
In addition to the above dividends, distributions on the $2.09 Trust Originated Preferred Security (TOPrS(SM)) are payable Dec. 31, 1999, in the amount of $0.5225 per ...