
Union Electric Company
UEPENUtilities · Utilities - Regulated Electric · Stock · quarterly payer
Forward Yield
5.74%
Annual Dividend
$3.50
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
Oct 15, 2026
Frequency
Quarterly
Key facts about UEPEN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Union Electric Company (UEPEN) has a forward dividend yield of 5.74%, based on an annual dividend of $3.50 per share and a share price of $61.00.
- As of Oct 27, 2026, UEPEN's dividend safety grade from SmarterDividends is A (89 out of 100), which rates the dividend as very safe.
- UEPEN has never cut its regular dividend in the payment history SmarterDividends has on record.
- UEPEN's most recent ex-dividend date was Oct 15, 2026, for a dividend of $0.88 per share.
- UEPEN's dividend has been roughly flat over the past five years.
- As of Oct 27, 2026, UEPEN's 5.74% yield is 21% above its five-year average yield of 4.76%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for UEPEN is $43.06 per share, 29% below the $61.00 share price, so UEPEN screens as overvalued.
- Union Electric Company (UEPEN) pays its dividend quarterly, 4 times a year.
- Union Electric Company (UEPEN) has raised its regular dividend 0 times and cut it 0 times across the 157 payments on record since 1987. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "UEPEN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/UEPEN
Summary
As of Oct 27, 2026, Union Electric Company (UEPEN) yields 5.74% ($3.50 a year per share) and has a dividend safety grade of A (89/100).
Is UEPEN a good dividend stock?
YesUnion Electric Company (UEPEN) pays a quarterly dividend yielding 5.74% ($3.50/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
- 5.74%
- Payout Ratio
- —
- Annual Dividend
- $3.50
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 12.0
- 5-Yr Total Return
- -30%
- 52-Week Range
- $59.12 – $63.00
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
UEPEN dividend raises and cuts
Union Electric Company (UEPEN) has raised its regular dividend 0 times and cut it 0 times across the 157 payments on record since 1987. The regular dividend has not changed in that time.
Frequently Asked Questions
Is UEPEN a good dividend stock?
Yes. Union Electric Company (UEPEN) pays a quarterly dividend yielding 5.74% ($3.50/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 UEPEN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UEPEN's fair value is about $43.06 versus a $61.00 share price — so it looks overvalued (-29% vs. fair value).
Is UEPEN's dividend safe?
UEPEN has a dividend-safety grade of A (89/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is UEPEN's fair value?
Our blended fair-value estimate for UEPEN is about $43.06 per share, about 29% below the current $61.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is UEPEN a buy, hold, or sell?
We don't issue formal ratings, but on the data UEPEN screens as "yes" and overvalued. Union Electric Company (UEPEN) pays a quarterly dividend yielding 5.74% ($3.50/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 UEPEN cut its dividend?
UEPEN earns a dividend-safety grade of A (89/100), 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 UEPEN pay a dividend?
Yes. Union Electric Company pays a quarterly dividend of about $3.50 per share annually, a forward yield of roughly 5.74%.
What is UEPEN's dividend yield?
As of Oct 27, 2026, UEPEN's forward dividend yield is 5.74%, based on a $3.50 annual dividend and a $61.00 share price.
What is UEPEN's dividend per share?
As of Oct 27, 2026, UEPEN pays $3.50 per share per year, distributed on a quarterly basis.
How many years has UEPEN grown its dividend?
UEPEN does not currently have a long dividend-growth streak on record.
When is the next UEPEN ex-dividend date?
As of Oct 27, 2026, UEPEN's next ex-dividend date hasn't been announced. The most recent was Oct 15, 2026, for $0.88 per share.
UEPEN Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
+3%
5 Years
-30%
52-Week Range
$59.12 – $63.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is UEPEN worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Union Electric Company is $43.06 per share, versus a market price of $61.00. That implies 29% of downside.
Fair Value
$43.06
Current Price
$61.00
Downside
-29%
Margin of Safety
-42%
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.
At today's price, the market is pricing in about 38.7% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $5.10 EPS, $3.50 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
UEPEN 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
Full UEPEN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 15, 2026 | Nov 15, 2026 | $0.8750 | regular |
| Jul 16, 2026 | Aug 15, 2026 | $0.8750 | regular |
| Apr 16, 2026 | May 15, 2026 | $0.8750 | regular |
| Jan 15, 2026 | Feb 15, 2026 | $0.8750 | regular |
| Oct 16, 2025 | Nov 15, 2025 | $0.8750 | regular |
| Jul 17, 2025 | Aug 15, 2025 | $0.8750 | regular |
| Apr 17, 2025 | May 15, 2025 | $0.8750 | regular |
| Jan 17, 2025 | Feb 15, 2025 | $0.8750 | regular |
| Oct 18, 2024 | Nov 15, 2024 | $0.8750 | regular |
| Jul 19, 2024 | Aug 15, 2024 | $0.8750 | regular |
| Apr 18, 2024 | May 15, 2024 | $0.8750 | regular |
| Jan 18, 2024 | Feb 15, 2024 | $0.8750 | regular |
| Oct 19, 2023 | Nov 15, 2023 | $0.8750 | regular |
| Jul 20, 2023 | Aug 15, 2023 | $0.8750 | regular |
Income Calculator
At $3.50 / yr per share
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