Utility holding Ameren Corp (AEE) will raise its quarterly dividend by 3.9 percent to $0.40 per share in the fourth quarter of 2011. This is the first dividend increase by Ameren since the 2009 dividend cut of 39.4 percent.
The increased common share dividend is payable December 30, 2011, to shareholders of record at the close of business on December 7, 2011. The ex-date for this next dividend of 40 cents per share is December 5, 2011.
Ameren Corporation is a utility holding company. The Company, through its subsidiaries, generates electricity, delivers electricity, and distributes natural gas to customers in Missouri and Illinois. The Company's subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI).