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

Ameren Corporation (NYSE:AEE) announced 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) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, June 9th.

Ameren has increased its dividend payment by an average of 0.1%annually 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. 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 Performance

Shares of AEE opened at $109.28 on Friday. The business’s fifty day simple moving average is $110.22 and its two-hundred day simple moving average is $106.64. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. Ameren has a 12 month low of $93.50 and a 12 month high of $115.58. The company has a market cap of $30.24 billion, a price-to-earnings ratio of 19.65, a P/E/G 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 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.24 billion. During the same period last year, the business posted $1.07 EPS. The company’s revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts anticipate that Ameren will post 5.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Ameren

In other news, SVP Theresa A. Shaw sold 1,500 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at $3,602,317.05. This represents a 4.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by insiders.

Hedge Funds Weigh In On Ameren

A number of institutional investors have recently bought and sold shares of AEE. NewEdge Advisors LLC raised its holdings in Ameren by 22.9% in the 1st quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after purchasing an additional 1,503 shares during the period. Empowered Funds LLC raised its holdings in Ameren by 19.8% in the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after purchasing an additional 1,034 shares during the period. Woodline Partners LP raised its holdings in Ameren by 42.2% in the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock worth $2,289,000 after purchasing an additional 6,772 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Ameren by 48.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock worth $149,000 after purchasing an additional 505 shares during the period. Finally, Brown Advisory Inc. raised its holdings in Ameren by 6.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock worth $450,000 after purchasing an additional 277 shares during the period. 79.09% of the stock is owned by institutional investors.

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.