Alliant Energy Corporation (NYSE:LNT) Updates On Quarterly Dividend


As per Alliant Energy Corporation (NYSE:LNT) statement on 2016-07-08, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.294 per share as dividend to stakeholders. The record date is set as 2016-07-29, the payout date as 2016-08-15 and the ex-dividend date is 2016-07-27.

Last fiscal Alliant Energy Corporation (NYSE:LNT) disbursed cash dividend of $0.294. A year ago, the payout was $0.294, which indicates a difference of 7.8431%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.294, implying 6.8447% growth.

For the period ended on 2015-12-31, Alliant Energy Corporation (NYSE:LNT)’s earnings came at $0.37 per share compared to EPS of $0.81 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.87 per share.

The interim price target for Alliant Energy Corporation (NYSE:LNT) is set at $40. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Alliant Energy Corporation (NYSE:LNT) is seen at $42 and the lowest level is established at $38. This broad range highlights a standard deviation of $2.828 in reported estimates.

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