Ameren hikes dividend by 6.8%

-

Ameren Corporation (AEE) will raise its quarterly dividend by 6.8 percent to 55 cents per share in 2021. This follows a dividend hike of 4.0 percent to 51.5 cents per share in 2020 and will mark the utility holding company's 8th consecutive year of annual dividend increases.

The next dividend is payable March 31, 2021, to shareholders of record at the close of business on March 10, 2021. The new annualized dividend rate of $2.20 per share yields 2.6% at a stock price of $84.

Ameren Corporation is a utitilty company based in St. Louis. Ameren serves natural gas and electric customers through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric distribution and transmission service, as well as natural gas distribution service, while Ameren Missouri provides vertically integrated electric service and natural gas distribution service. Ameren Transmission Company of Illinois develops regional electric transmission projects. Ameren became a public company in 1952 and has paid a dividend every year since 1998.

Dividend News Headlines

Two dividend growth monsters that nobody knows about (yet)!

-
Image
The Dividend Freak highlights two amazing dividend growers In the new Dividend Freak video two great dividend growth stocks are highlighted: Fastenal and Penske Automotive. Not many people know that these companies have a strong track record and increase the dividend by double digits annually. We also look at the almost 20 dividend hikes in the second and third week of January 2024, including several Aristocrats and two monthly dividend payers.
Read more