Interstate Power and Light Company declares preferred stock dividend

Rhea-AI Summary

Alliant Energy Corporation has declared dividends for its preferred stock, payable on December 15, 2020, to shareholders of record on November 30, 2020. The dividend amounts to $0.31875 per share on the 5.1% Series D Cumulative Preferred Stock. Alliant Energy, which operates in Iowa and Wisconsin, serves approximately 970,000 electric and 420,000 natural gas customers. As a component of the S&P 500, Alliant Energy is committed to providing safe, efficient, and responsible energy solutions.

Positive

• Dividend of $0.31875 per share declared, indicating financial stability.
• Company continues to serve a large customer base of 970,000 electric and 420,000 natural gas customers.

Negative

• None.

News Market Reaction – LNT

+0.58%

+0.58% News Effect

On the day this news was published, LNT gained 0.58%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CEDAR RAPIDS, Iowa, Nov. 10, 2020 (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 November 30, 2020. The dividends, which are payable on December 15, 2020, are as follows:

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

Alliant Energy Corporation (NASDAQ: LNT), headquartered in Madison, Wis., provides regulated electric and natural gas service to 970,000 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 Corporation is a component of the S&P 500. For more information, visit alliantenergy.com.

Media Contact:
Scott Reigstad
(608) 458-3145

Investor Relations Contact:
Susan Gille
(608) 458-3956

FAQ

What is the dividend amount declared by Alliant Energy (LNT)?

The dividend amount declared is $0.31875 per share.

When is the dividend payment date for Alliant Energy (LNT)?

The dividend payment date is December 15, 2020.

Who are the shareholders of record for the Alliant Energy (LNT) dividend?

The shareholders of record are those on November 30, 2020.