Interstate Power and Light Company declares preferred stock dividend

Alliant Energy's Iowa utility, Interstate Power and Light Company (NASDAQ: IPLDP), has declared dividends for preferred stockholders, scheduled for September 15, 2021.

Rhea-AI Summary

Alliant Energy's Iowa utility, Interstate Power and Light Company (NASDAQ: IPLDP), has declared dividends for preferred stockholders, scheduled for September 15, 2021. Shareholders of record on August 31, 2021, will receive a dividend of $0.31875 per share for the 5.1% Series D Cumulative Preferred Stock. Alliant Energy (NASDAQ: LNT) serves 975,000 electric and 420,000 natural gas customers across Iowa and Wisconsin, focusing on safe, efficient energy solutions. The company is part of the Nasdaq CRD Sustainability Index and the S&P 500.

Positive

• Dividend declaration of $0.31875 per share enhances shareholder returns.
• Alliant Energy maintains a strong customer base with 975,000 electric and 420,000 natural gas customers.

Negative

• None.

Argus Publication session

+0.93% session move Open Argus

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News Market Reaction – LNT

In the trading session that priced this news, LNT gained 0.93%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CEDAR RAPIDS, Iowa, Aug. 13, 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 August 31, 2021. The dividends, which are payable on September 15, 2021, are as follows:

$0.31875 per share on the 5.1% Series D Cumulative Preferred Stock

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. 

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the details of the dividend declared by Alliant Energy (LNT)?

Alliant Energy declared a dividend of $0.31875 per share for its preferred stock, payable on September 15, 2021, to shareholders of record on August 31, 2021.

When is the payment date for Alliant Energy's preferred stock dividend?

The payment date for the dividend on Alliant Energy's preferred stock is September 15, 2021.

How many customers does Alliant Energy serve?

Alliant Energy provides services to 975,000 electric and 420,000 natural gas customers across Iowa and Wisconsin.

Is Alliant Energy part of any sustainability indices?

Yes, Alliant Energy is a component of the Nasdaq CRD Sustainability Index.