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Ameren Corporation Message Board

  • cruisinbluesido cruisinbluesido Feb 13, 2009 12:18 PM Flag

    A genuine question

    I`m thinking about investing in AEE and am somewhat puzzled why AEE has not increased their divvy in over ten years.


    Dividend History
    Declared Record Date Payable Amount Type
    10/10/08 12/10/08 12/31/08 $0.635 Regular Cash
    08/08/08 09/10/08 09/30/08 $0.635 Regular Cash
    04/22/08 06/11/08 06/30/08 $0.635 Regular Cash
    02/08/08 03/05/08 05/31/08 $0.635 Regular Cash
    10/12/07 12/05/07 12/31/07 $0.635 Regular Cash
    08/10/07 09/06/07 09/28/07 $0.635 Regular Cash
    04/24/07 06/06/07 06/29/07 $0.635 Regular Cash
    02/09/07 03/07/07 03/30/07 $0.635 Regular Cash
    10/13/06 12/06/06 12/29/06 $0.635 Regular Cash
    08/25/06 09/07/06 09/29/06 $0.635 Regular Cash
    05/02/06 06/07/06 06/30/06 $0.635 Regular Cash
    02/10/06 03/08/06 03/31/06 $0.635 Regular Cash
    10/14/05 12/07/05 12/30/05 $0.635 Regular Cash
    08/26/05 09/08/05 09/30/05 $0.635 Regular Cash
    04/26/05 06/08/05 06/30/05 $0.635 Regular Cash
    02/11/05 03/09/05 03/31/05 $0.635 Regular Cash
    10/08/04 12/08/04 12/31/04 $0.635 Regular Cash
    08/27/04 09/09/04 09/30/04 $0.635 Regular Cash
    04/22/04 06/09/04 06/30/04 $0.635 Regular Cash
    02/13/04 03/10/04 03/31/04 $0.635 Regular Cash
    10/10/03 12/08/03 12/31/03 $0.635 Regular Cash
    08/22/03 09/08/03 09/30/03 $0.635 Regular Cash
    04/22/03 06/11/03 06/30/03 $0.635 Regular Cash
    02/14/03 03/12/03 03/31/03 $0.635 Regular Cash
    10/11/02 12/11/02 12/31/02 $0.635 Regular Cash
    08/23/02 09/11/02 09/30/02 $0.635 Regular Cash
    04/23/02 06/10/02 06/28/02 $0.635 Regular Cash
    02/08/02 03/11/02 03/29/02 $0.635 Regular Cash
    10/12/01 12/10/01 12/31/01 $0.635 Regular Cash
    08/24/01 09/11/01 09/28/01 $0.635 Regular Cash
    04/24/01 06/28/01 06/30/01 $0.635 Regular Cash
    02/09/01 03/08/01 03/30/01 $0.635 Regular Cash
    10/13/00 12/11/00 12/29/00 $0.635 Regular Cash
    08/25/00 09/11/00 09/29/00 $0.635 Regular Cash
    04/25/00 06/08/00 06/30/00 $0.635 Regular Cash
    02/11/00 03/09/00 03/31/00 $0.635 Regular Cash
    10/08/99 12/08/99 12/31/99 $0.635 Regular Cash
    08/27/99 09/08/99 09/30/99 $0.635 Regular Cash
    04/27/99 06/09/99 06/30/99 $0.635 Regular Cash
    02/12/99 03/10/99 03/31/99 $0.635 Regular Cash
    10/09/98 12/09/98 12/31/98 $0.635 Regular Cash
    08/28/98 09/10/98 09/30/98 $0.635 Regular Cash
    04/28/98 06/10/98 06/30/98 $0.635 Regular Cash
    02/13/98 03/10/98 03/31/98 $0.635 Regular Cash

    Is management greedy or just ultra conservative or is it a lack of growth?

    I don`t need bashers comments, because I`m investing my money,which I don`t have alot of!!!

    Thanks all

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Patience, patience, don't be in a hurry to invest all of your money at once in AEE; I don't believe management is greedy, but growth/returns may be limited over the next six (6) months to one (1) year. Incremental purchases over the next six (6) may be your best discipline. Be cautious and good luck!

    • Thanks all for your follow-up comments. I guess that I just got my answer why no dividend increases for ten years! Now a Big Cut! Where the hell is this all going?

      Thank God I didn`t buy.

      Good luck all

      Crusie

    • srbrophy@att.net srbrophy Feb 14, 2009 9:31 PM Flag

      It's really lack of growth. Ameren's customer base is mainly the St. Louis area and rural Illinois. Not much growth in those areas. The other thing is that with the stock price going lower, the dividend payout was sitting at about 88% of earnings, much higher than most utility stocks (around 60%). That is why you just saw them make an adjustment this week. Overall, their cash position is good, and when the overall economy starts to recover (hopefully), their position should continue to improve. The regulatory environment in Illinois has stabilized somewhat as well. In Missouri, they are looking at building another nuke plant, but it remains to be seen if that is feasible financially - rates are really on the low end there.

    • Looking at other stocks this is a very good dividend stock. Yes it stayed the same over 10 years but it is given out quarterly. Very consistent through the ups and downs.

      Right now the yield is at 7.90%, you will be hard press in this economy to find anything that high. Especially if you are not going to be investing much money.

      This is a very good stock to have in your portfolio. While most stocks are going down and stop paying dividends, this becomes a good hedge.

      The stock price will eventually get back into the 40s'-50's, and over the long term this will become a very good investment if you reinvest your dividends. If you get into Amerens Dividend Reinvestment and Stock Purchase Plan, you know what you are getting in the future.

 
AEE
40.08-0.13(-0.32%)Jul 23 4:00 PMEDT

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