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Ameren Corporation increases quarterly cash dividend by approximately 6 percent, marking 12 consecutive years of growth
AmerenAmeren(US:AEE) Prnewswireยท2025-02-07 18:23

Core Points - Ameren Corporation declared a quarterly cash dividend of 71 cents per share, marking a 6% increase from the previous dividend of 67 cents per share, resulting in an annualized dividend rate of $2.84 per share, up from $2.68 per share [1][2] - This increase represents the twelfth consecutive year of dividend growth, reflecting the board's confidence in the company's sustainable long-term growth strategy, which includes investments in energy infrastructure projects [2] - The company anticipates future dividend growth to align with long-term earnings-per-share growth expectations, maintaining a payout ratio between 55% to 65% [2] Dividend Payment Details - The common share dividend is payable on March 31, 2025, to shareholders of record as of March 11, 2025 [3] - Union Electric Company, a subsidiary of Ameren, declared regular quarterly cash dividends on preferred stock, payable on May 15, 2025, to shareholders of record by April 17, 2025 [3] - Ameren Illinois Company also declared regular quarterly cash dividends on preferred stock, payable on May 1, 2025, to shareholders of record by April 11, 2025 [4] Company Overview - Ameren Corporation serves 2.4 million electric customers and over 900,000 natural gas customers across a 64,000-square-mile area through its subsidiaries, Ameren Missouri and Ameren Illinois [5] - Ameren Illinois provides electric transmission and distribution services as well as natural gas distribution services, while Ameren Missouri offers electric generation, transmission, and distribution services along with natural gas distribution [5] - Ameren Transmission Company of Illinois focuses on developing, owning, and operating rate-regulated regional electric transmission projects [5]