Welcome to our dedicated page for Alliant Energy news (Ticker: LNT), a resource for investors and traders seeking the latest updates and insights on Alliant Energy stock.
Alliant Energy Corporation (NASDAQ: LNT) is a regulated utility holding company that regularly issues news and updates relevant to investors, customers and other stakeholders. Its utilities, Interstate Power and Light Company in Iowa and Wisconsin Power and Light Company in Wisconsin, provide regulated electric and natural gas service to roughly 1,000,000 to 1,010,000 electric customers and about 430,000 natural gas customers. As an S&P 500 company and member of the S&P 500 Dividend Aristocrats Index, Alliant Energy’s announcements often focus on earnings, dividends, capital plans and large customer developments.
News about Alliant Energy frequently covers quarterly and annual financial results, earnings guidance and factors influencing its regulated utility model. Releases describe earnings per share, the impact of capital investments in solar generation and energy storage, rate decisions affecting IPL and WPL, and assumptions such as normal temperatures and economic conditions in its service territories. Investors can also expect updates on projected capital expenditures and financing activities, including offerings of debentures and junior subordinated notes by Alliant Energy and its utility subsidiaries.
Another recurring theme in Alliant Energy news is shareholder returns and dividend policy. The company reports that it has paid common stock dividends for more than 320 consecutive quarters since 1946 and provides regular announcements of quarterly dividend declarations and dividend targets. As a Dividend Aristocrats constituent, these updates are central to its communications with income-focused investors.
Alliant Energy also issues news on corporate governance, leadership changes and board appointments, as well as corporate responsibility initiatives. Examples include the appointment of independent directors, changes in leadership at WPL, and publication of its Corporate Responsibility Report, which highlights sustainability data, a balanced mix of energy sources, employee engagement and community contributions. For users following LNT, this news page offers a centralized view of these financial, operational and governance developments.
The Alliant Energy Corporation (NASDAQ: LNT) announced a quarterly cash dividend of $0.4025 per share, set for payment on February 16, 2021, to shareholders on record as of January 29, 2021. This dividend declaration continues Alliant Energy's impressive track record, marking 301 consecutive quarters of payouts since 1946. The company provides regulated electric and natural gas services to approximately 970,000 and 420,000 customers in Iowa and Wisconsin, respectively, and is part of the S&P 500.
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Alliant Energy Finance, a subsidiary of Alliant Energy Corporation (NASDAQ:LNT), has priced a private offering of $200 million in senior unsecured notes with a 1.400% interest rate, due on March 15, 2026. The offering's closing is expected on November 20, 2020, pending customary conditions. Proceeds will be used to reduce commercial paper and for general corporate purposes. The notes will not be registered under the Securities Act and are offered to qualified institutional buyers only.
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.
Alliant Energy Corporation (NASDAQ: LNT) updated its earnings guidance, raising the 2020 EPS target to $2.40-$2.46. In Q3 2020, GAAP EPS was $0.98, slightly up from $0.94 in Q3 2019, driven by a higher revenue base despite negative impacts from the Derecho storm and increased depreciation. The company announced a 6% dividend increase, bringing the annual target to $1.61 per share for 2021. Key developments included a wind expansion of 1,150 megawatts and plans for additional solar generation.
Alliant Energy (NASDAQ: LNT) has launched its Clean Energy Blueprint for Iowa, aiming to enhance renewable energy usage, including a boost of 400 MW of solar by 2023 and transitioning coal power plants to cleaner alternatives. The plan is projected to save Iowa customers over $300 million in the next 35 years, facilitates job creation, and aims for a 50% reduction in CO2 emissions by 2030. The strategy includes significant investments in battery storage technologies to improve energy reliability and efficiency.
Alliant Energy Corporation (NASDAQ: LNT) has set its third quarter 2020 earnings release for November 2, 2020, after market close. A conference call to discuss the results is scheduled for November 3, 2020, at 9:00 a.m. CT, accessible via a public webcast. Alliant Energy serves approximately 970,000 electric and 420,000 natural gas customers across the Midwest and is a component of the S&P 500. For more details, visit alliantenergy.com/investors.
Alliant Energy has appointed Tom Tang as vice president and chief information officer. Tang will oversee the company’s technology, analytics, and strategy departments, focusing on leveraging innovative technology to enhance customer service and community strength. With prior leadership roles at Sainsbury's and Argos, Tang aims to drive technological advancements that align with Alliant Energy's mission. The company delivers regulated energy services to approximately 970,000 electric and 420,000 natural gas customers in Iowa and Wisconsin.
Alliant Energy Corporation (NASDAQ: LNT) announced a quarterly cash dividend of $0.38 per share, payable on November 16, 2020, to shareholders of record as of October 30, 2020. This marks an impressive 300 consecutive quarters of dividend payments since 1946. The company, based in Madison, Wisconsin, provides regulated electric and natural gas services to approximately 970,000 electric and 420,000 natural gas customers in Iowa and Wisconsin. Alliant Energy is a component of the S&P 500, demonstrating its stability in the market.
Alliant Energy has announced that 100% of its light-duty fleet vehicles will switch to electric by 2030. This shift is part of their broader commitment to reduce emissions and cut costs for customers. The transition will involve replacing older vehicles with Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV), while supporting local economies through local vehicle procurement. Additionally, the company aims to eliminate coal from its generation fleet by 2040 and achieve net-zero carbon emissions from electricity generation by 2050. This announcement coincides with National Climate Week.