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

Alliant Energy Corporation (NYSE:LNT) had declared a cash dividend of $0.2938 on Oct 7, 2016. The shares will quote ex-dividend on Oct 27, 2016 and the record date has been fixed for Oct 31, 2016. On Oct 7, 2016 share price, the yield comes out to be 3.2031%. The dividend payable date has been fixed on Nov 15, 2016.

In a different note, On Aug 25, 2016, Argus Research said it Maintains its rating on Alliant Energy Corporation. In the research note, the firm Raises the price-target to $40.00 per share. The shares have been rated ‘Buy’ by the firm.

Alliant Energy Corporation (LNT) shares turned negative on Fridays trading session with the shares closing down -0.26 points or -0.70% at a volume of 13,14,840. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $37.38. The peak price level was also seen at $37.38 while the days lowest was $36.88. Finally the shares closed at $36.97. The 52-week high of the shares is $40.99 while the 52-week low is $28.07. According to the latest information available, the market cap of the company is $8,405 M.

Alliant Energy Corporation(LNT) last announced its earnings results on Aug 1, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $754.60M. Analysts had an estimated revenue of $593.06M. Earnings per share were $0.37. Analysts had estimated an EPS of $0.33.

Several Insider Transactions has been reported to the SEC. On Aug 10, 2016, Patricia L Kampling (Chairman, President and CEO) sold 0 shares at $39.30 per share price.Also, On Jul 12, 2016, James H Gallegos (SVP, Gen Cnsl and Corp Sec) sold 5,000 shares at $40.29 per share price.On May 10, 2016, Deborah B. Dunie (director) purchased 1,000 shares at $73.11 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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