Interstate Power and Light Company declares preferred stock dividend

Rhea-AI Summary

Alliant Energy's Board of Directors has announced a dividend declaration for preferred stockholders of Interstate Power and Light Company (NASDAQ: IPLDP). Shareowners of record as of February 26, 2021, will receive $0.31875 per share on the 5.1% Series D Cumulative Preferred Stock, payable on March 15, 2021. Alliant Energy (NASDAQ: LNT) provides regulated electric and natural gas services to nearly 1.4 million customers in Iowa and Wisconsin, demonstrating a commitment to delivering reliable energy solutions.

Positive

• Declared dividend of $0.31875 per share for preferred stockholders.
• Demonstrates financial health and commitment to shareholder returns.

Negative

• None.

CEDAR RAPIDS, Iowa, Feb. 16, 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 February 26, 2021. The dividends, which are payable on March 15, 2021, are as follows:

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

Alliant Energy Corporation (NASDAQ: LNT), headquartered in Madison, Wis., provides regulated electric and natural gas service to 970,000 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 Corporation is a component of the S&P 500. For more information, visit alliantenergy.com.

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

FAQ

What is the dividend amount for Alliant Energy preferred stockholders?

The dividend amount for Alliant Energy preferred stockholders is $0.31875 per share.

When is the dividend for Alliant Energy's preferred stock payable?

The dividend is payable on March 15, 2021.

Who qualifies for the dividend from Alliant Energy?

Shareowners of record as of February 26, 2021, qualify for the dividend.

What is the significance of the preferred stock dividend for LNT?

The preferred stock dividend reflects Alliant Energy's financial stability and commitment to returning value to shareholders.