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Ameren Keeps Dividend Steady

By Eric Volkman - Apr 23, 2013 at 10:36PM

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The company shells out the same distribution it's paid since late 2011.

Ameren (AEE 0.64%) will hand out a new quarterly dividend identical to those of its predecessors. The firm will distribute $0.40 per share of its common stock on June 28 to shareholders of record as of June 12. This amount keeps the payout in line with the company's previous six disbursements, which have been handed out in each quarter dating back to Dec. 2011.

Prior to that, Ameren paid $0.385 per share.

The company has a long tradition of regularly paying out dividends, although it rarely adjusts the amount. Since 2000, its payout has ranged from $0.385 to $0.635.

The current dividend annualizes to $1.60 per share. That yields 4.5% at Ameren's most recent closing stock price of $35.91.

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Stocks Mentioned

Ameren Corporation Stock Quote
Ameren Corporation
AEE
$93.23 (0.64%) $0.59

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