By Sabela Ojea
Ameren is increasing its quarterly dividend by 6%, to 71 cents.
The utility holding company on Friday said that its board of directors approved raising its quarterly payout to shareholders from 67 cents a share previously.
The new payout, equal to $2.84 annually, represents a yield of 2.9%, based on the company's latest closing price of $96.75.
The dividend will be paid on March 31.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
February 07, 2025 14:14 ET (19:14 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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