Interstate Power and Light Company declares preferred stock dividend
The Board of Directors of Alliant Energy has declared a dividend of $0.31875 per share for its 5.1% Series D Cumulative Preferred Stock.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of Alliant Energy has declared a dividend of $0.31875 per share for its 5.1% Series D Cumulative Preferred Stock. This dividend is payable on June 15, 2021, to shareholders on record as of May 28, 2021. Alliant Energy provides regulated energy services to 975,000 electric and 420,000 natural gas customers across Iowa and Wisconsin, emphasizing safe, efficient, and responsible energy solutions.
Positive
- Dividend of $0.31875 per share indicates strong shareholder returns.
- Company serves a substantial customer base of 975,000 electric and 420,000 natural gas customers, showcasing its market presence.
Negative
- None.
Details
News Market Reaction – LNT
The recorded move for LNT in the trading session of this news was +1.98%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CEDAR RAPIDS, Iowa, May 18, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Alliant Energy‘s Iowa utility, Interstate Power and Light Company (IPL), has declared dividends for its preferred stock (NASDAQ: IPLDP) shareowners of record on May 28, 2021. The dividends, which are payable on June 15, 2021, are as follows:
Alliant Energy Corporation (NASDAQ: LNT) provides regulated energy service to 975,000 electric and 420,000 natural gas customers across Iowa and Wisconsin. Alliant Energy's mission is to deliver the energy solutions and exceptional service customers and communities count on – safely, efficiently and responsibly. Interstate Power and Light Company and Wisconsin Power and Light Company are Alliant Energy’s two public utility subsidiaries. Alliant Energy is a component of the Nasdaq CRD Sustainability Index, Bloomberg’s 2020 Gender-Equality Index, and the S&P 500. For more information, visit alliantenergy.com and follow us on LinkedIn, Facebook, Instagram and Twitter.
Media Contact: Scott Reigstad (608) 458-3145
Investor Relations Contact: Susan Gille (608) 458-3956
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