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Alliant Energy Corporation (LNT) Stock News, Mar-Aug 2023

LNT NASDAQ

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.

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Alliant Energy Corporation (NASDAQ: LNT) has announced its first quarter 2023 earnings release scheduled for May 4th, after market close. A subsequent conference call will take place on May 5th at 9 a.m. CT, hosted by CEO John Larsen and CFO Robert Durian, where they will discuss the earnings results. Investors can participate by dialing the provided toll-free numbers or join via live webcast at www.alliantenergy.com/investors. The company serves 995,000 electric and 425,000 natural gas customers in Iowa and Wisconsin, emphasizing its commitment to delivering safe and efficient energy solutions.

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Alliant Energy Corporation (NASDAQ: LNT) has declared a quarterly cash dividend of $0.4525 per share. This dividend is payable on May 15, 2023, to shareholders of record as of the close of business on April 28, 2023. Alliant Energy has consistently paid dividends on its common stock for 310 consecutive quarters since 1946, demonstrating a long history of return to shareholders. The company provides regulated energy services to nearly 1.4 million customers in Iowa and Wisconsin and is committed to delivering safe, efficient, and responsible energy solutions.

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Alliant Energy Corporation (NASDAQ: LNT) announced a public offering of $300 million in 4.950% debentures due on April 1, 2033. The net proceeds will fund solar electric generating units. The offering is expected to close on March 30, 2023, pending customary conditions. This offering will be executed through underwriters including MUFG Securities, KeyBanc Capital Markets, TD Securities, and Wells Fargo Securities. Copies of the associated prospectus can be obtained from the underwriters or accessed via the Securities and Exchange Commission website.

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FAQ

What is the current stock price of Alliant Energy (LNT)?

Alliant Energy (LNT) last closed at $70.04.

What is the market cap of Alliant Energy (LNT)?

The market cap of Alliant Energy (LNT) is approximately $18.2B.