Ameren Corporation Directors Declare Quarterly Dividend

Rhea-AI Summary

The board of directors of Ameren Corporation (NYSE: AEE) declared a quarterly cash dividend of 49.5 cents per share, payable on Sept. 30, 2020, to shareholders of record by the close of business on Sept. 9, 2020. Additionally, dividends for preferred stock from Union Electric Company and Ameren Illinois Company were announced, with payments scheduled for Nov. 15, 2020 and Nov. 2, 2020 respectively. Ameren serves 2.4 million electric customers and over 900,000 natural gas customers across a 64,000-square-mile area.

Positive

• Quarterly dividend of 49.5 cents per share reinforces shareholder income.
• Ongoing commitment to preferred stock dividends enhances financial stability.

Negative

• None.

ST. LOUIS, Aug. 14, 2020 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 49.5 cents per share. This dividend is payable Sept. 30, 2020, to shareholders of record at the close of business on Sept. 9, 2020. 

Separately, the board of directors of Union Electric Company, doing business as Ameren Missouri, declared regular quarterly cash dividends on all classes of Union Electric Company's preferred stock. These preferred stock dividends are payable Nov. 15, 2020, to shareholders of record at the close of business on Oct. 16, 2020.

In addition, the board of directors of Ameren Illinois Company declared regular quarterly cash dividends on all classes of Ameren Illinois Company's preferred stock. These preferred stock dividends are payable Nov. 2, 2020, to shareholders of record at the close of business on Oct. 12, 2020. 

About Ameren Corporation

St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution service, as well as natural gas distribution service. Ameren Transmission Company of Illinois develops, owns and operates rate-regulated regional electric transmission projects. For more information, visit Ameren.com, or follow us at @AmerenCorp, Facebook.com/AmerenCorp, or LinkedIn.com/company/Ameren.

View original content to download multimedia:http://www.prnewswire.com/news-releases/ameren-corporation-directors-declare-quarterly-dividend-301112548.html

SOURCE Ameren Corporation

FAQ

What is the dividend amount declared by Ameren Corporation?

Ameren Corporation declared a quarterly cash dividend of 49.5 cents per share.

When is the dividend payment date for Ameren Corporation?

The dividend is payable on September 30, 2020.

What is the record date for the Ameren dividend?

The record date for the dividend is September 9, 2020.

Are there dividends declared for preferred stocks by Ameren?

Yes, Union Electric Company and Ameren Illinois Company declared dividends for preferred stocks, payable on November 15, 2020, and November 2, 2020, respectively.