SmarterDividends
UELMO

Union Electric Company

UELMO

Utilities · Utilities - Regulated Electric · Stock · quarterly payer

$59.26

Overvalued · -25% Add to Portfolio

Forward Yield

6.24%

Annual Dividend

$3.70

Payout Ratio

—

5-Yr Growth

0.0%

Ex-Date

Oct 15, 2026

Frequency

Quarterly

Key facts about UELMO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Union Electric Company (UELMO) has a forward dividend yield of 6.24%, based on an annual dividend of $3.70 per share and a share price of $59.26.
  • As of Oct 27, 2026, UELMO's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
  • UELMO has never cut its regular dividend in the payment history SmarterDividends has on record.
  • UELMO's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.93 per share.
  • UELMO's dividend has been roughly flat over the past five years.
  • As of Oct 27, 2026, UELMO's 6.24% yield is 23% above its five-year average yield of 5.09%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for UELMO is $44.48 per share, 25% below the $59.26 share price, so UELMO screens as overvalued.
  • Union Electric Company (UELMO) pays its dividend quarterly, 4 times a year.
  • Union Electric Company (UELMO) has raised its regular dividend 0 times and cut it 0 times across the 72 payments on record since 2009. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "UELMO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/UELMO

Summary

As of Oct 27, 2026, Union Electric Company (UELMO) yields 6.24% ($3.70 a year per share) and has a dividend safety grade of A (85/100).

Is UELMO a good dividend stock?

Yes

Union Electric Company (UELMO) pays a quarterly dividend yielding 6.24% ($3.70/yr), with 0 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

  • Never cut its dividend on record
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
6.24%
Payout Ratio
—
Annual Dividend
$3.70
5-Yr Avg Growth
0.0%
Ex-Dividend Date
Oct 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
11.6
5-Yr Total Return
-36%
52-Week Range
$59.26 – $62.25
Dividend Safety
A · 85/100
Ever Cut?
No

UELMO dividend raises and cuts

Union Electric Company (UELMO) has raised its regular dividend 0 times and cut it 0 times across the 72 payments on record since 2009. The regular dividend has not changed in that time.

Every UELMO payment →Download every raise and cut (CSV)
UELMO ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →UELMO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is UELMO a good dividend stock?

Yes. Union Electric Company (UELMO) pays a quarterly dividend yielding 6.24% ($3.70/yr), with 0 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 UELMO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UELMO's fair value is about $44.48 versus a $59.26 share price — so it looks overvalued (-25% vs. fair value).

Is UELMO's dividend safe?

UELMO has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is UELMO's fair value?

Our blended fair-value estimate for UELMO is about $44.48 per share, about 25% below the current $59.26 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is UELMO a buy, hold, or sell?

We don't issue formal ratings, but on the data UELMO screens as "yes" and overvalued. Union Electric Company (UELMO) pays a quarterly dividend yielding 6.24% ($3.70/yr), with 0 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 UELMO cut its dividend?

UELMO earns a dividend-safety grade of A (85/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does UELMO pay a dividend?

Yes. Union Electric Company pays a quarterly dividend of about $3.70 per share annually, a forward yield of roughly 6.24%.

What is UELMO's dividend yield?

As of Oct 27, 2026, UELMO's forward dividend yield is 6.24%, based on a $3.70 annual dividend and a $59.26 share price.

What is UELMO's dividend per share?

As of Oct 27, 2026, UELMO pays $3.70 per share per year, distributed on a quarterly basis.

How many years has UELMO grown its dividend?

UELMO does not currently have a long dividend-growth streak on record.

When is the next UELMO ex-dividend date?

As of Oct 27, 2026, UELMO's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.93 per share.

Income Calculator

At $3.70 / yr per share

Per payment (quarterly)$92.50
Annual$370.00
Monthly avg$30.83

Similar Dividend Stocks

NEENEENextEra Energy, Inc.3.04%30 yrSOSOThe Southern Company3.28%25 yrDUKDUKDuke Energy Corporation3.49%21 yrCEGCEGConstellation Energy Corporation0.68%Utilities

Compare UELMO

UELMO vs NEEUELMO vs SOUELMO vs DUKUELMO vs CEG

Explore more

Lists and tools related to UELMO