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 reports developments in its regulated electric and natural gas utility operations in Iowa and Wisconsin through Interstate Power and Light Company and Wisconsin Power and Light Company. Recurring updates cover quarterly and annual earnings, revenue requirements, rate-base growth, generation and energy storage investments, financing costs, depreciation, operations and maintenance expense, and electric service agreements tied to customer demand.
Company news also includes common stock dividend declarations, community and foundation programs, and portfolio actions involving subsidiaries such as Travero. The utility-focused disclosures emphasize regulated service territories, capital investment, regulatory considerations, and the operating performance of IPL and WPL.
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 (NASDAQ: IPLDP). This dividend is payable on June 15, 2020 to shareholders of record on May 29, 2020. Alliant Energy, operating as LNT, provides regulated electric and natural gas service to approximately 970,000 electric and 420,000 natural gas customers in Iowa and Wisconsin. The company aims to deliver reliable energy solutions and is part of the S&P 500.
Alliant Energy Corporation (NASDAQ: LNT) reported strong first-quarter 2020 earnings, with GAAP EPS at $0.70, up from $0.53 in 2019. The increase was driven by higher earnings from its Utilities and Corporate Services, which generated $0.72 per share, reflecting a $0.20 rise year-over-year. However, Non-utility and Parent operations saw a decline, recording a GAAP EPS of ($0.05), impacted by a credit loss charge related to Whiting Petroleum. The company maintains its 2020 earnings guidance of $2.34 to $2.48 per share despite challenges posed by the COVID-19 pandemic.
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