Alliant Energy Corporation (NASDAQ:LNT) Stock to Pay Quarterly Dividend of $0.54

Alliant Energy Corporation (NASDAQ:LNT) announced a quarterly dividend on Thursday, October 15th. Investors 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 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Friday, October 30th.

Alliant Energy has increased its dividend payment by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 22 consecutive years. Alliant Energy has a dividend payout ratio of 62.2% indicating that 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 NASDAQ:LNT opened at $67.10 on Friday. The business’s fifty day moving average price is $67.01 and its two-hundred day moving average price is $71.05. The stock has a market cap of $17.40 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 2.84 and a beta of 0.52. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.35 and a current ratio of 0.47. Alliant Energy has a one year low of $62.54 and a one year high of $78.81.

Alliant Energy (NASDAQ:LNT) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%. The company had revenue of $971.00 million during the quarter, compared to the consensus estimate of $896.94 million. During the same quarter last year, the business posted $0.68 earnings per share. Alliant Energy’s revenue was up 1.0% compared to the same quarter last year. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, analysts forecast that Alliant Energy will post 3.43 EPS 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.