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Union Elec - UEPEN STOCK NEWS

Welcome to our dedicated page for Union Elec news (Ticker: UEPEN), a resource for investors and traders seeking the latest updates and insights on Union Elec stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Union Elec's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Union Elec's position in the market.

Rhea-AI Summary

On February 27, 2023, Union Electric Company, operating as Ameren Missouri, announced the pricing of a public offering of $500 million in 5.45% first mortgage bonds due 2053. The bonds were priced at 99.794% of their principal amount, with a closing date expected on March 13, 2023, subject to customary closing conditions. Proceeds from the offering will be utilized for capital expenditures and/or refinancing short-term debt. The offering is managed by multiple financial institutions, and details can be accessed via the Securities and Exchange Commission website.

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Rhea-AI Summary

Ameren Corporation (NYSE: AEE) has declared a quarterly cash dividend of 63 cents per share, increasing by 7% from 59 cents per share. This marks the tenth consecutive year of dividend growth, bringing the annualized dividend rate to $2.52. The dividend is payable on March 31, 2023, to shareholders of record by March 15, 2023. Union Electric Company and Ameren Illinois Company also announced quarterly dividends on their preferred stock, payable on May 15, 2023 and May 1, 2023 respectively. Ameren maintains a payout ratio of 55% to 70% for future growth.

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FAQ

What is the current stock price of Union Elec (UEPEN)?

The current stock price of Union Elec (UEPEN) is $60 as of February 27, 2025.

What is the market cap of Union Elec (UEPEN)?

The market cap of Union Elec (UEPEN) is approximately 6.3B.
Union Elec

NYSE:UEPEN

UEPEN Rankings

UEPEN Stock Data

6.28B
130.00k
Utilities - Regulated Electric
Utilities
Link
United States
Saint Louis