Alliant Energy Corporation (LNT) To Go Ex-Dividend on October 30th

Alliant Energy Corporation (NASDAQ:LNT) declared a quarterly dividend on Thursday, October 15th. Stockholders of record on Friday, October 30th will be given a dividend of $0.5350 per share on Monday, November 16th. This represents a $2.14 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, October 30th.

Alliant Energy has increased its dividend by an average of 0.1% per year over the last three years and has raised its dividend annually for the last 22 consecutive years. Alliant Energy has a payout ratio of 62.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Alliant Energy to earn $3.68 per share next year, which means the company should continue to be able to cover its $2.14 annual dividend with an expected future payout ratio of 58.2%.

Alliant Energy Price Performance

Shares of LNT stock traded up $1.22 on Friday, reaching $68.32. The company’s stock had a trading volume of 2,577,171 shares, compared to its average volume of 3,057,783. The company has a quick ratio of 0.35, a current ratio of 0.47 and a debt-to-equity ratio of 1.41. Alliant Energy has a 12-month low of $62.54 and a 12-month high of $78.81. The company has a market capitalization of $17.71 billion, a P/E ratio of 21.62, a PEG ratio of 2.82 and a beta of 0.52. The stock’s 50 day simple moving average is $66.98 and its 200-day simple moving average is $71.03.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. The company had revenue of $971.00 million during the quarter, compared to analyst estimates of $896.94 million. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company earned $0.68 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities analysts predict that Alliant Energy will post 3.43 earnings per share for the current fiscal year.

Alliant Energy Company Profile

Alliant Energy Corporation is a regulated energy holding company headquartered in Madison, Wisconsin. Through its utility subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, the company provides electric and natural gas service to residential, commercial, and industrial customers in Iowa and Wisconsin.

The company generates and distributes electricity through a diverse portfolio that includes wind, solar, natural gas, and other generation resources. It also operates electric transmission and distribution networks and natural gas distribution systems, while investing in renewable energy and infrastructure modernization to support a more sustainable energy mix and reliable service.

Alliant Energy traces its history to the utility businesses that became part of the company through a series of mergers and reorganizations, including the formation of Alliant Energy Corporation in the late 1990s.