ST. LOUIS, Oct. 9, 2015 /PRNewswire/ -- The board of
directors of Ameren Corporation (NYSE: AEE) today declared a
quarterly cash dividend on its common stock of 42.5 cents per share, a 3.7 percent increase from
the prior quarterly cash dividend of 41
cents per share, resulting in an annualized equivalent
dividend rate of $1.70 per share. The
previous annualized equivalent dividend rate was $1.64 per share.
"We are pleased to announce an increase in our fourth quarter
2015 dividend," said Warner L.
Baxter, chairman, president and chief executive officer of
Ameren Corporation. "This action reflects confidence in the outlook
for our regulated businesses and our ability to achieve our
long-term earnings and rate base growth plans. Future dividend
increases will be driven by earnings growth, cash flows and other
business conditions."
The common share dividend is payable Dec.
31, 2015, to shareholders of record at the close of business
on Dec. 9, 2015.
Separately, the board of directors of Union Electric Company,
doing business as Ameren Missouri, declared regular quarterly cash
dividends on all classes of Union Electric Company's preferred
stock. These preferred stock dividends are payable Feb. 15, 2016, to shareholders of record at the
close of business on Jan. 15,
2016.
In addition, the board of directors of Ameren Illinois Company
declared regular quarterly cash dividends on all classes of Ameren
Illinois Company's preferred stock. These preferred stock dividends
are payable Feb. 1, 2016, to
shareholders of record at the close of business on Jan. 11, 2016.
About Ameren
St. Louis-based Ameren
Corporation powers the quality of life for 2.4 million electric
customers and more than 900,000 natural gas customers in a
64,000-square-mile area through its Ameren Missouri and Ameren
Illinois rate-regulated utility subsidiaries. Ameren Illinois
provides electric delivery and transmission service as well as
natural gas delivery service while Ameren Missouri provides
vertically integrated electric service, with generating capacity of
10,200 megawatts, and natural gas delivery service. Ameren
Transmission Company of Illinois
develops regional electric transmission projects. Follow the
company on Twitter @AmerenCorp. For more information, visit
Ameren.com.
Forward-looking Statements
Statements in this release not based on historical facts are
considered "forward-looking" and, accordingly, involve risks and
uncertainties that could cause actual results to differ materially
from those discussed. Although such forward-looking statements have
been made in good faith and are based on reasonable assumptions,
there is no assurance that the expected results will be
achieved. These statements include (without limitation)
statements as to future expectations, beliefs, plans, strategies,
objectives, events, conditions and financial performance. In
connection with the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, we are providing this
cautionary statement to identify important factors that could cause
actual results to differ materially from those anticipated. In
addition to factors discussed in this release, Ameren's Annual
Report on Form 10-K for the year ended December 31, 2014, and its other reports filed
with the Securities and Exchange Commission under the Securities
Exchange Act of 1934 contain a list of factors and a discussion of
risks which could cause actual results to differ materially from
management expectations suggested in such "forward-looking"
statements. All "forward-looking" statements included in this
release are based upon information presently available, and Ameren,
except to the extent required by the federal securities laws,
undertakes no obligation to update or revise publicly any
"forward-looking" statements to reflect new information or current
events.
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SOURCE Ameren Corporation