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Ameren Corporation Directors Declare Quarterly Dividend

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Rhea-AI Summary

The board of directors of Ameren Corporation (AEE) has declared a quarterly cash dividend of 55 cents per share, payable on Sept. 30, 2021, to shareholders on record as of Sept. 8, 2021. Additionally, Union Electric Company, operating as Ameren Missouri, will distribute regular quarterly cash dividends on its preferred stock, payable on Nov. 15, 2021, for shareholders of record by Oct. 15, 2021. Ameren Illinois also announced similar preferred stock dividends, payable on Nov. 1, 2021, to those on record by Oct. 11, 2021.

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Positive

  • Quarterly cash dividend of 55 cents per share declared.
  • Confidence in ongoing shareholder returns reinforced with dividend announcements.

Negative

  • None.

News Market Reaction – AEE

+1.05%
+1.05% Session move

In the trading session that priced this news, AEE gained 1.05%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ST. LOUIS, Aug. 13, 2021 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 55 cents per share. This dividend is payable Sept. 30, 2021, to shareholders of record at the close of business on Sept. 8, 2021. 

Separately, the board of directors of Union Electric Company, doing business as Ameren Missouri, declared regular quarterly cash dividends on all classes of Union Electric Company's preferred stock. These preferred stock dividends are payable Nov. 15, 2021, to shareholders of record at the close of business on Oct. 15, 2021.

In addition, the board of directors of Ameren Illinois Company declared regular quarterly cash dividends on all classes of Ameren Illinois Company's preferred stock. These preferred stock dividends are payable Nov. 1, 2021, to shareholders of record at the close of business on Oct. 11, 2021. 

About Ameren Corporation

St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution services, as well as natural gas distribution service. Ameren Transmission Company of Illinois operates a rate-regulated electric transmission business in the Midcontinent Independent System Operator, Inc. For more information, visit Ameren.com, or follow us on Twitter at @AmerenCorp, Facebook.com/AmerenCorp, or LinkedIn.com/company/Ameren.

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SOURCE Ameren Corporation

FAQ

What is the new dividend amount declared by Ameren Corporation (AEE)?

The board declared a quarterly cash dividend of 55 cents per share.

When is the dividend payment date for Ameren Corporation (AEE)?

The dividend is payable on Sept. 30, 2021.

What is the record date for the latest dividend from Ameren Corporation (AEE)?

Shareholders of record must be noted by Sept. 8, 2021.

Are there any preferred stock dividends declared by Ameren Corporation?

Yes, dividends on preferred stock are payable on Nov. 15, 2021, and Nov. 1, 2021, by Union Electric Company and Ameren Illinois Company, respectively.