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Ameren Increases Dividend for 13th Year Amid Grid Modernization

St. Louis-based utility Ameren Corp. has increased its quarterly cash dividend by 5.6% to 75 cents per share, the company announced Thursday. The new payout, which totals $3.00 annually, aligns with a broader strategy to modernize infrastructure while maintaining consistent shareholder returns.

Ameren Increases Dividend for 13th Year Amid Grid Modernization

The four-cent increase from the previous 71-cent payout results in an annual yield of approximately 2.9%, calculated against Thursday’s closing price of $104.81. According to the company, the dividend is payable on March 31 to shareholders of record as of March 10.

Balancing Modernization and Returns

Chief Executive Martin Lyons stated that the increase supports a growth strategy centered on grid reliability and technological upgrades. By balancing heavy capital investments with a solid balance sheet, the utility aims to sustain its trajectory of rewarding long-term investors.

This latest adjustment marks the 13th consecutive year that the Ameren board has authorized a dividend increase. The utility continues to position itself as a stable income play within the energy sector, navigating a capital-intensive period of grid transformation.

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