Alliant Energy Corporation
LNT22 yrs growthUtilities · Stock · quarterly payer
Forward Yield
2.86%
Annual Dividend
$2.14
Payout Ratio
65%
5-Yr Growth
5.9%
Ex-Date
Jul 31, 2026
Frequency
Quarterly
Summary
As of July 2026, Alliant Energy Corporation (LNT) yields 2.86% ($2.14 per share annually), with a blended fair-value estimate of $71.90 — -4% downside, so it screens as fairly valued. Dividend safety grade: A (87/100). 22 years of dividend growth.
Is LNT a good dividend stock?
YesAlliant Energy Corporation (LNT) pays a quarterly dividend yielding 2.86% ($2.14/yr), with 22 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
- 22 consecutive years of dividend growth
- Strong 5.9% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2003
Key Data
- Dividend Yield
- 2.86%
- Payout Ratio
- 65%
- Annual Dividend
- $2.14
- 5-Yr Avg Growth
- 5.9%
- Ex-Dividend Date
- Jul 31, 2026
- Years of Growth
- 22
- Frequency
- quarterly
- Beta
- 0.54
- Market Cap
- $19.1B
- P/E Ratio
- 23.6
- 5-Yr Total Return
- 23%
- 52-Week Range
- $63.28 – $78.81
- Dividend Safety
- A · 87/100
- Ever Cut?
- Yes (2003)
Frequently Asked Questions
LNT Price — Last 12 Months
Daily close
Price Return
1 Year
+15%
3 Years
+49%
5 Years
+23%
52-Week Range
$63.28 – $78.81
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LNT worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Alliant Energy Corporation is $71.90 per share, versus a market price of $74.82. That implies the stock is roughly fairly priced.
Fair Value
$71.90
Current Price
$74.82
Gap
-4%
Margin of Safety
-4%
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), 9.3% stage-1 growth, 2.5% terminal growth, $3.18 EPS, $2.14 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LNT 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 |
|---|---|---|---|
| Apr 30, 2026 | — | $0.5350 | regular |
| Jan 30, 2026 | — | $0.5350 | regular |
| Oct 31, 2025 | — | $0.5070 | regular |
| Jul 31, 2025 | — | $0.5070 | regular |
| Apr 30, 2025 | — | $0.5070 | regular |
| Jan 31, 2025 | — | $0.5070 | regular |
| Oct 31, 2024 | — | $0.4800 | regular |
| Jul 31, 2024 | — | $0.4800 | regular |
| Apr 29, 2024 | — | $0.4800 | regular |
| Jan 30, 2024 | — | $0.4800 | regular |
| Oct 30, 2023 | — | $0.4530 | regular |
| Jul 28, 2023 | — | $0.4530 | regular |
| Apr 27, 2023 | — | $0.4530 | regular |
| Jan 30, 2023 | — | $0.4530 | regular |
Income Calculator
At $2.14 / yr per share
