Ameren Corporation Directors Declare Quarterly Dividend
Rhea-AI Summary
On May 13, 2022, Ameren Corporation (AEE) announced a quarterly cash dividend of 59 cents per share, payable on June 30, 2022 to shareholders recorded by June 8, 2022. Additionally, Union Electric Company and Ameren Illinois Company declared quarterly cash dividends on all classes of their preferred stock, with payment dates on August 15, 2022 and August 1, 2022, respectively. Ameren serves 2.4 million electric and over 900,000 natural gas customers across a 64,000-square-mile area.
Positive
- Quarterly cash dividend of 59 cents per share indicates strong cash flow.
- Dividends demonstrate confidence in the company's financial performance.
Negative
- None.
News Market Reaction – AEE
In the trading session that priced this news, AEE gained 0.54%, 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.
ST. LOUIS, May 13, 2022 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 59 cents per share. This dividend is payable June 30, 2022, to shareholders of record at the close of business on June 8, 2022.
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 Aug. 15, 2022, to shareholders of record at the close of business on July 22, 2022.
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 Aug. 1, 2022, to shareholders of record at the close of business on July 11, 2022.
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ameren-corporation-directors-declare-quarterly-dividend-301547117.html
SOURCE Ameren Corporation