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Tuesday, January 16, 2024

LNT Dividend Increase

Alliant ($LNT) announced its next dividend of 48¢ per share, a 6.08% increase over its previous payout of 45.25¢.

DivGro's projected annual dividend income will increase by $11.00 to $192.00.

The dividend will be paid on 15 February to shareholders of record on 31 January. The ex-dividend date is 30 January.

I own 100 shares of LNT at an average cost basis of $54.43 per share. Following this increase, my yield on cost is 3.53%. (LNT's forward yield is 3.81% at $50.40 per share). 

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