Alliant Energy Corporation(NYSE:LNT) Declares Dividend of $0.2938.

Alliant Energy Corporation (NYSE:LNT) had declared a cash dividend of $0.2938 on Jul 8, 2016. The shares will quote ex-dividend on Jul 27, 2016 and the record date has been fixed for Jul 29, 2016. On Jul 8, 2016 share price, the yield comes out to be 2.9491%. The dividend payable date has been fixed on Aug 15, 2016.

In a different note, On Jun 10, 2016, Barclays said it Downgrades its rating on Alliant Energy Corporation. The shares have been rated ‘Equal-weight’ by the firm.

Alliant Energy Corporation (LNT) made into the market gainers list on Wednesdays trading session with the shares advancing 0.94% or 0.37 points. Due to strong positive momentum, the stock ended at $39.71, which is also near the day’s high of $39.75. The stock began the session at $39.61 and the volume stood at 13,38,905 shares. The 52-week high of the shares is $40.99 and the 52 week low is $27.135. The company has a current market capitalization of $9,019 M and it has 22,71,25,300 shares in outstanding.

Alliant Energy Corporation(LNT) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $843.80M. Analysts had an estimated revenue of $756.05M. Earnings per share were $0.86. Analysts had estimated an EPS of $0.86.

Several Insider Transactions has been reported to the SEC. On May 10, 2016, Deborah B. Dunie (director) purchased 1,000 shares at $73.11 per share price.Also, On Mar 4, 2016, Thomas L Hanson (Senior Vice President, CFO) sold 7,500 shares at $68.15 per share price.On Feb 29, 2016, John O Larsen (Senior Vice President) sold 3,000 shares at $69.94 per share price, according to the Form-4 filing with the securities and exchange commission.

Alliant Energy Corporation (Alliant Energy) is a regulated investor-owned public utility holding company. The Company provides regulated electric and natural gas services in Iowa Wisconsin and Minnesota. The Company’s business segments are Utility and Non-regulated Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The utility business segment includes utility electric operations utility gas operations and utility other which includes steam operations and the unallocated portions of the utility business. The Company’s Non-regulated Parent and Other segment includes the operations of Alliant Energy Resources LLC (Resources) and its subsidiaries; Alliant Energy Corporate Services Inc. (Corporate Services); the Alliant Energy parent company and any Alliant Energy parent company consolidating adjustments.

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