Ameren Corporation (AEE) to Issue Quarterly Dividend of $0.75 on September 30th

Ameren Corporation (NYSE:AEE) declared a quarterly dividend on Friday, August 14th. Shareholders of record on Tuesday, September 8th will be given a dividend of 0.75 per share by the utilities provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th.

Ameren has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 12 consecutive years. Ameren has a dividend payout ratio of 56.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ameren to earn $5.86 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 51.2%.

Ameren Trading Down 0.1%

Shares of AEE stock opened at $106.34 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The company has a market cap of $29.44 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 3.11 and a beta of 0.46. Ameren has a 1 year low of $96.57 and a 1 year high of $118.32. The firm has a fifty day moving average price of $110.13 and a 200-day moving average price of $110.26.

Ameren (NYSE:AEE) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.Ameren’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period last year, the firm earned $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities analysts predict that Ameren will post 5.4 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on AEE. Truist Financial decreased their price objective on Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. BMO Capital Markets reduced their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. JPMorgan Chase & Co. raised their target price on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, BTIG Research set a $126.00 price target on shares of Ameren in a report on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ameren currently has an average rating of “Moderate Buy” and an average target price of $121.42.

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.