Ameren Corporation Directors Declare Quarterly Dividend
Rhea-AI Summary
The board of directors of Ameren Corporation has declared a quarterly cash dividend of 59 cents per share on its common stock. This dividend will be payable on December 30, 2022, to shareholders on record as of the close of business on December 7, 2022. Additionally, Union Electric Company and Ameren Illinois Company announced regular quarterly cash dividends on their preferred stock, payable on February 15, 2023 and February 1, 2023, respectively, to shareholders of record by January 20 and January 16, 2023.
Positive
- Regular quarterly cash dividend of 59 cents per share enhances shareholder income.
- Commitment to maintaining dividends reflects company confidence.
Negative
- None.
News Market Reaction – AEE
In the trading session that priced this news, AEE declined 1.22%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ST. LOUIS, Oct. 14, 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 Dec. 30, 2022, to shareholders of record at the close of business on Dec. 7, 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 Feb. 15, 2023, to shareholders of record at the close of business on Jan. 20, 2023.
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 Feb. 1, 2023, to shareholders of record at the close of business on Jan. 16, 2023.
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