Ameren Corporation
AEEUtilities · Stock · quarterly payer
Forward Yield
2.69%
Annual Dividend
$3.00
Payout Ratio
52%
5-Yr Growth
7.3%
Ex-Date
Jun 9, 2026
Frequency
Quarterly
Summary
As of July 2026, Ameren Corporation (AEE) yields 2.69% ($3.00 per share annually), with a blended fair-value estimate of $108.16 — -3% downside, so it screens as fairly valued. Dividend safety grade: A (82/100). 12 years of dividend growth.
Is AEE a good dividend stock?
YesAmeren Corporation (AEE) pays a quarterly dividend yielding 2.69% ($3.00/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 12 consecutive years of dividend growth
- Comfortable payout ratio (52%)
- Strong 7.3% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 2.69%
- Payout Ratio
- 52%
- Annual Dividend
- $3.00
- 5-Yr Avg Growth
- 7.3%
- Ex-Dividend Date
- Jun 9, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.48
- Market Cap
- $30.6B
- P/E Ratio
- 20.1
- 5-Yr Total Return
- 27%
- 52-Week Range
- $96.57 – $118.32
- Dividend Safety
- A · 82/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
AEE Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+41%
5 Years
+27%
52-Week Range
$96.57 – $118.32
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AEE worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Ameren Corporation is $108.16 per share, versus a market price of $111.55. That implies the stock is roughly fairly priced.
Fair Value
$108.16
Current Price
$111.55
Gap
-3%
Margin of Safety
-3%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), 8.6% stage-1 growth, 2.5% terminal growth, $5.56 EPS, $3.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AEE Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 9, 2026 | — | $0.7500 | regular |
| Mar 10, 2026 | — | $0.7500 | regular |
| Dec 9, 2025 | — | $0.7100 | regular |
| Sep 9, 2025 | — | $0.7100 | regular |
| Jun 10, 2025 | — | $0.7100 | regular |
| Mar 11, 2025 | — | $0.7100 | regular |
| Dec 11, 2024 | — | $0.6700 | regular |
| Sep 11, 2024 | — | $0.6700 | regular |
| Jun 12, 2024 | — | $0.6700 | regular |
| Mar 12, 2024 | — | $0.6700 | regular |
| Dec 12, 2023 | — | $0.6300 | regular |
| Sep 12, 2023 | — | $0.6300 | regular |
| Jun 13, 2023 | — | $0.6300 | regular |
| Mar 14, 2023 | — | $0.6300 | regular |
Income Calculator
At $3.00 / yr per share
