Ameren Corp (AEE) Raises Quarterly Dividend 3.5% to $0.44; 3.7% Yield

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Go back to Ameren Corp (AEE) Raises Quarterly Dividend 3.5% to $0.44; 3.7% Yield

Ameren Corporation Increases Quarterly Cash Dividend

October 14, 2016 2:00 PM EDT

ST. LOUIS, Oct. 14, 2016 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 44 cents per share, a 3.5 percent increase from the prior quarterly cash dividend of 42.5 cents per share, resulting in an annualized equivalent dividend rate of $1.76 per share. The previous annualized equivalent dividend rate was $1.70 per share.

"We are pleased to announce an increase in our fourth quarter 2016 dividend," said Warner L. Baxter, chairman, president and chief executive officer of Ameren Corporation. "This action reflects... More