Ameren Corporation (AEE) to Issue Quarterly Dividend of $0.71 on December 31st

Ameren Corporation (NYSE:AEE) declared a quarterly dividend on Friday, October 10th, RTT News reports. Shareholders of record on Tuesday, December 9th will be given a dividend of 0.71 per share by the utilities provider on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, December 9th.

Ameren has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 12 consecutive years. Ameren has a payout ratio of 53.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ameren to earn $5.31 per share next year, which means the company should continue to be able to cover its $2.84 annual dividend with an expected future payout ratio of 53.5%.

Ameren Stock Down 0.9%

AEE stock opened at $99.90 on Friday. The company’s 50 day simple moving average is $103.87 and its 200-day simple moving average is $100.32. The firm has a market capitalization of $27.02 billion, a PE ratio of 19.21, a P/E/G ratio of 2.35 and a beta of 0.57. Ameren has a 12 month low of $86.40 and a 12 month high of $106.73. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.93 and a quick ratio of 0.64.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.07. Ameren had a return on equity of 10.92% and a net margin of 15.75%.The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the previous year, the firm posted $1.87 EPS. The company’s quarterly revenue was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. Equities analysts expect that Ameren will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Ameren

In related news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the sale, the chief financial officer directly owned 198,973 shares of the company’s stock, valued at approximately $20,183,821.12. This trade represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.42% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ameren

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Ameren by 3.7% during the 2nd quarter. Vanguard Group Inc. now owns 35,582,578 shares of the utilities provider’s stock worth $3,417,351,000 after buying an additional 1,268,457 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Ameren by 5.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 28,404,577 shares of the utilities provider’s stock valued at $2,851,821,000 after acquiring an additional 1,355,848 shares during the period. State Street Corp grew its position in Ameren by 2.4% during the third quarter. State Street Corp now owns 14,045,845 shares of the utilities provider’s stock valued at $1,466,105,000 after acquiring an additional 328,401 shares during the period. Geode Capital Management LLC increased its stake in Ameren by 2.7% during the second quarter. Geode Capital Management LLC now owns 7,242,392 shares of the utilities provider’s stock worth $692,794,000 after acquiring an additional 192,808 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Ameren by 1.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,283,529 shares of the utilities provider’s stock worth $655,892,000 after purchasing an additional 60,519 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

About Ameren

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.