Recent information reveals that **Alliant Energy Co. (NASDAQ:LNT)** is scheduled for a **dividend increase to $0.51 per share**. The energy corporation has also declared a **quarterly common stock dividend** and continued a 78-year dividend streak with a quarterly payout of $0.5075. **Institutional investors hold 82%** of the corporation, showing significant interest in the utility's stock. However, concerns about overpricing might affect its popularity with investors. Amidst fluctuations in performance and competition, Alliant Energy's stock hits a 52-week high of $62.59, reflecting **robust growth**, and analysts suggest buying ahead of an anticipated dividend hike. The company's third-quarter **2024 results** have been released, and a new corporate responsibility report highlights its progress. Alliant Energy's earnings are expected to grow, and it has recently been ranked a top safe **dividend stock with a 3.4% yield**. **State Street Corp** has strategically acquired shares of Alliant, and Energy Dome signed its first U.S. contract with Alliant for commercial-scale deployment of its CO2 battery. Despite these advancements, some analysts provide a consensus recommendation of 'Hold', expressing concerns about sluggish earnings and weighing down returns.
Alliant Energy Stocks LNT News Analytics from Wed, 11 Jan 2017 08:00:00 GMT to Sat, 18 Jan 2025 23:14:38 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -4
