Ameren Corporation (AEE) To Go Ex-Dividend on June 9th

Ameren Corporation (NYSE:AEE) announced a quarterly dividend on Friday, May 15th. Stockholders of record on Tuesday, June 9th will be given 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 dividend yield of 2.7%. The ex-dividend date is Tuesday, June 9th.

Ameren has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 12 years. Ameren has a payout ratio of 56.6% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Stock Up 2.1%

NYSE:AEE opened at $109.28 on Friday. The firm’s 50 day simple moving average is $110.22 and its 200 day simple moving average is $106.64. The company has a market cap of $30.24 billion, a PE ratio of 19.65, a P/E/G ratio of 2.20 and a beta of 0.47. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44. Ameren has a one year low of $93.50 and a one year high of $115.58.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The company had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the business earned $1.07 earnings per share. The firm’s revenue for the quarter 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, research analysts anticipate that Ameren will post 5.36 earnings per share for the current year.

Ameren Company Profile

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.