SmarterDividends
AEE

Ameren Corporation

AEE

Utilities · Utilities - Regulated Electric · Stock · quarterly payer

$106.48

Fairly valued · -1% Add to Portfolio

Forward Yield

2.82%

Annual Dividend

$3.00

Payout Ratio

51%

5-Yr Growth

7.3%

Ex-Date

Dec 8, 2026

Frequency

Quarterly

Key facts about AEE's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 22, 2026, Ameren Corporation (AEE) has a forward dividend yield of 2.82%, based on an annual dividend of $3.00 per share and a share price of $106.48.
  • As of Oct 22, 2026, AEE's dividend safety grade from SmarterDividends is A (84 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Ameren Corporation (AEE) has raised its dividend for 12 consecutive years as of Oct 22, 2026.
  • AEE last cut its regular dividend in 2009.
  • AEE's next ex-dividend date is Dec 8, 2026, with payment on Dec 31, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 22, 2026, AEE pays out 51% of its trailing 12-month earnings as dividends (its payout ratio).
  • AEE's dividend has grown at an average rate of 7.3% a year over the past five years.
  • As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for AEE is $105.90 per share, 1% below the $106.48 share price, so AEE screens as fairly valued.
  • Ameren Corporation (AEE) pays its dividend quarterly, 4 times a year.
  • Ameren Corporation (AEE) has raised its regular dividend 14 times and cut it 1 time across the 115 payments on record since 1998. Its most recent change was a 5.6% increase to $0.750 per share, going ex-dividend on Mar 10, 2026. The last cut went ex-dividend on Mar 9, 2009.
  • Ameren (AEE) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 5.6%, was declared on Feb 6, 2026.
Cite this page

SmarterDividends, "AEE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/AEE

Summary

As of Oct 22, 2026, Ameren Corporation (AEE) yields 2.82% ($3.00 a year per share), has a dividend safety grade of A (84/100) and has 12 consecutive years of dividend increases on record.

Is AEE a good dividend stock?

Yes

Ameren Corporation (AEE) pays a quarterly dividend yielding 2.82% ($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 (51%)
  • Strong 7.3% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
2.82%
Payout Ratio
51%
Annual Dividend
$3.00
5-Yr Avg Growth
7.3%
Ex-Dividend Date
Dec 8, 2026
Years of Growth
12
Frequency
quarterly
Beta
0.45
Market Cap
$29.5B
P/E Ratio
18.7
5-Yr Total Return
30%
52-Week Range
$96.57 – $118.32
Dividend Safety
A · 84/100
Ever Cut?
Yes (2009)

AEE dividend raises and cuts

Ameren Corporation (AEE) has raised its regular dividend 14 times and cut it 1 time across the 115 payments on record since 1998. Its most recent change was a 5.6% increase to $0.750 per share, going ex-dividend on Mar 10, 2026. The last cut went ex-dividend on Mar 9, 2009.

Ex-dateChangeOld → newMove
Mar 10, 2026Raise$0.710 → $0.750+5.6%
Mar 11, 2025Raise$0.670 → $0.710+6.0%
Mar 12, 2024Raise$0.630 → $0.670+6.3%
Mar 14, 2023Raise$0.590 → $0.630+6.8%
Mar 8, 2022Raise$0.550 → $0.590+7.3%
Mar 9, 2021Raise$0.515 → $0.550+6.8%
Dec 8, 2020Raise$0.495 → $0.515+4.0%
Dec 10, 2019Raise$0.475 → $0.495+4.2%
Dec 11, 2018Raise$0.458 → $0.475+3.7%
Dec 12, 2017Raise$0.440 → $0.458+4.1%
Dec 5, 2016Raise$0.425 → $0.440+3.5%
Dec 7, 2015Raise$0.410 → $0.425+3.7%
Show all 15 changes since 2009
Ex-dateChangeOld → newMove
Dec 8, 2014Raise$0.400 → $0.410+2.5%
Dec 5, 2011Raise$0.385 → $0.400+3.9%
Mar 9, 2009Cut$0.635 → $0.385−39.4%
Every AEE payment →Download every raise and cut (CSV)
AEE ex-dividend date & scheduleNext ex-date Dec 8, 2026 · full ex-dividend historyView →AEE dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is AEE a good dividend stock?

Yes. Ameren Corporation (AEE) pays a quarterly dividend yielding 2.82% ($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.

Is AEE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AEE's fair value is about $105.90 versus a $106.48 share price — so it looks fairly valued (-1% vs. fair value).

Is AEE's dividend safe?

AEE has a dividend-safety grade of A (84/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

What is AEE's fair value?

Our blended fair-value estimate for AEE is about $105.90 per share, about 1% below the current $106.48 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is AEE a buy, hold, or sell?

We don't issue formal ratings, but on the data AEE screens as "yes" and fairly valued. Ameren Corporation (AEE) pays a quarterly dividend yielding 2.82% ($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. This is research for your own analysis, not investment advice.

Will AEE cut its dividend?

AEE earns a dividend-safety grade of A (84/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does AEE pay a dividend?

Yes. Ameren Corporation pays a quarterly dividend of about $3.00 per share annually, a forward yield of roughly 2.82%.

What is AEE's dividend yield?

As of Oct 22, 2026, AEE's forward dividend yield is 2.82%, based on a $3.00 annual dividend and a $106.48 share price.

What is AEE's dividend per share?

As of Oct 22, 2026, AEE pays $3.00 per share per year, distributed on a quarterly basis.

What is AEE's dividend payout ratio?

As of Oct 22, 2026, AEE's payout ratio is 51% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has AEE grown its dividend?

As of Oct 22, 2026, AEE has increased its dividend for 12 consecutive years.

When is the next AEE ex-dividend date?

As of Oct 22, 2026, the next ex-dividend date on record for AEE is Dec 8, 2026.

Income Calculator

At $3.00 / yr per share

Per payment (quarterly)$75.00
Annual$300.00
Monthly avg$25.00

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