Interstate Power and Light Company declares preferred stock dividend

Rhea-AI Summary

The Board of Directors of Alliant Energy has declared a dividend of $0.31875 per share for its 5.1% Series D Cumulative Preferred Stock. This dividend is payable on June 15, 2021, to shareholders on record as of May 28, 2021. Alliant Energy provides regulated energy services to 975,000 electric and 420,000 natural gas customers across Iowa and Wisconsin, emphasizing safe, efficient, and responsible energy solutions.

Positive

• Dividend of $0.31875 per share indicates strong shareholder returns.
• Company serves a substantial customer base of 975,000 electric and 420,000 natural gas customers, showcasing its market presence.

Negative

• None.

CEDAR RAPIDS, Iowa, May 18, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Alliant Energy‘s Iowa utility, Interstate Power and Light Company (IPL), has declared dividends for its preferred stock (NASDAQ: IPLDP) shareowners of record on May 28, 2021. The dividends, which are payable on June 15, 2021, are as follows:

$0.31875 per share on the 5.1% Series D Cumulative Preferred Stock

Alliant Energy Corporation (NASDAQ: LNT) provides regulated energy service to 975,000 electric and 420,000 natural gas customers across Iowa and Wisconsin. Alliant Energy's mission is to deliver the energy solutions and exceptional service customers and communities count on – safely, efficiently and responsibly. Interstate Power and Light Company and Wisconsin Power and Light Company are Alliant Energy’s two public utility subsidiaries.   Alliant Energy is a component of the Nasdaq CRD Sustainability Index, Bloomberg’s 2020 Gender-Equality Index, and the S&P 500. For more information, visit alliantenergy.com and follow us on LinkedIn, Facebook, Instagram and Twitter. 

Media Contact: Scott Reigstad (608) 458-3145
Investor Relations Contact: Susan Gille (608) 458-3956

FAQ

What is the dividend amount for Alliant Energy (LNT) in 2021?

The dividend amount declared is $0.31875 per share for the 5.1% Series D Cumulative Preferred Stock.

When is the dividend payment date for Alliant Energy (LNT)?

The dividend is payable on June 15, 2021.

Who are the shareholders eligible for the dividend from Alliant Energy (LNT)?

Shareholders of record as of May 28, 2021, are eligible for the dividend.

How many customers does Alliant Energy (LNT) serve?

Alliant Energy serves 975,000 electric and 420,000 natural gas customers across Iowa and Wisconsin.