CMS Energy raises 2022 adjusted EPS guidance to $2.85-$2.89; reports 2021 adjusted EPS $2.65

CONSUMERS ENERGY CO

2021 adjusted EPS $2.65 vs $2.47 in 2020, a 7% increase.
2022 adjusted EPS guidance raised to $2.85-$2.89 from $2.85-$2.87; long-term growth reaffirmed at 6-8%.
Annual dividend raised by $0.10 to $1.84 per share for 2022, marking 16th consecutive annual increase.
Updated 5-year customer investment plan of $14.3B, up $1B, with ~40% allocated to clean energy transformation.
Adjusted operating cash flow of $1,843M in 2021; no equity issuance planned through 2024.

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