U.S. electric and gas utility CMS Energy reported a drop in its fourth-quarter profit on Thursday due to higher operating expenses, and warned of supply chain issues arising from potential tariffs. U.

The board of directors of CMS Energy (CMS) increased the quarterly dividend on the company’s common stock to 54.25c per share, up from 51.5c

CMS Energy's board has raised the utility holding company's quarterly dividend by 5.3%, to 54.25 cents from 51.5 cents. The new payout, equal to $2.17 a year, represents an annual yield of about 3.23% based on Wednesday's closing price of $67.