Alliant Energy announces third quarter 2016 results and increased annual common stock dividend target by 7% for 2017
Narrows 2016 earnings guidance range and provides forecasted 2016 - 2025 capital expenditures
MADISON, Wis. - November 3, 2016 - Alliant Energy Corporation (NYSE: LNT) today announced U.S generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) from continuing operations for the three months ended September 3.
“The third quarter non-GAAP results were in line with our expectations. With close to normal weather on a year-to-date basis, we are narrowing 2016 adjusted earnings per share guidance to a midpoint of $1.88, which is consistent with the midpoint of the 2016 earnings guidance issued in November 2015,” said Patricia Kampling, Alliant Energy Chairman, President and CEO. “Looking forward to next year, I am pleased to announce the Board of Directors has approved a 7% increase to our annual common stock dividend target. The 2017 annual common stock dividend target is $1.26 per share.”
Media Contact: Scott Reigstad, (608) 458-3145
Investor Relations: Susan Gille, (608) 458-3956