Ameren Corporation Plans Quarterly Dividend of $0.75 (NYSE:AEE)

Ameren Corporation (NYSE:AEE) declared a quarterly dividend on Friday, May 15th. Shareholders of record on Tuesday, June 9th will be paid a dividend of 0.75 per share by the utilities provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, June 9th.

Ameren has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 12 years. Ameren has a dividend payout ratio of 56.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ameren to earn $5.77 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 52.0%.

Ameren Price Performance

Shares of NYSE:AEE opened at $109.28 on Friday. Ameren has a fifty-two week low of $93.50 and a fifty-two week high of $115.58. The business has a 50-day simple moving average of $110.22 and a two-hundred day simple moving average of $106.64. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The firm has a market cap of $30.24 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 2.20 and a beta of 0.47.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm earned $1.07 EPS. Ameren’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts expect that Ameren will post 5.36 earnings per share for the current year.

About Ameren

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.