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Alliant Energy Corporation (LNT) logo

Alliant Energy Corporation

S&P 500
LNT|Utilities|Utilities - Regulated Electric|$71.76|P/E 22.6|MCap 18.5B|NASDAQ

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

72/ 100Safe

LNT's dividend appears safe and well-supported. Strengths include a 64.7% earnings payout ratio & 44.6% fcf payout ratio. Areas of concern: 2.4x interest coverage & 0.7x current ratio. The dividend has been growing at a 5.96% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 64.7%Low earnings payout ratio leaves room to grow the dividend.
  • Profit Margin Stability: Very StableProfit margins have stayed stable through cycles.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Current Ratio: 0.7xLimited short-term liquidity to meet obligations.
  • Interest Coverage: 2.4xInterest coverage is thin relative to debt servicing.

Payout & Coverage

Safe
Earnings Payout Ratio
64.7%Very Safe
FCF Payout Ratio
44.6%Safe
CFO Payout Ratio
44.6%Safe
Interest Coverage
2.4xWarning

Balance Sheet

Caution
Net Debt / Total Assets
46.3%Caution
Current Ratio
0.7xDanger
Debt-to-Equity
159.5Safe

Profitability

Safe
Return on Equity
11.3%Caution
Operating Margin
21.0%Safe
Gross Margin
42.6%Safe
Profit Margin Stability
Very StableVery Safe

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
6.0%Safe
Earnings Stability
GrowingVery Safe

About Alliant Energy Corporation

Alliant Energy Corporation is a utility holding company that provides regulated electric and natural gas services to customers in the Midwest United States. Through its subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, it generates and distributes electricity to nearly 1 million electric customers and distributes natural gas to approximately 425,000 gas-only customers in Iowa and Wisconsin. The company also sells electricity to wholesale customers including municipalities and rural electric cooperatives, and serves sectors such as farming, agriculture, industrial manufacturing, chemicals, packaging, and food industries. Alliant Energy owns a 16% interest in American Transmission Co. and operates additional services including a short-line rail freight in Iowa, a freight terminal on the Mississippi River in Illinois, freight brokerage, wind turbine blade recycling, and a rail-served warehouse. It holds interests in a natural gas-fired electric generating unit in Wisconsin and a wind farm in Oklahoma. Headquartered in Madison, Wisconsin, Alliant Energy plays a key role in delivering reliable energy infrastructure to residential, commercial, and industrial users across its territories.

Dividend Overview

Dividend Yield

2.91%

Annual Dividend

$2.08

Frequency

Quarterly

Payout Ratio

64.70%

FCF Payout Ratio

44.57%

Stock Price

$71.76

52-Week Range

$58.98 $75.76

Dividend History (2016–2025)

LNT annual dividend per share and yield history

Earnings & Profitability

LNT earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 30, 2026

Next Payment Date

May 15, 2026

Dividend Growth

3-Year Dividend CAGR

5.88%

5-Year Dividend CAGR

5.96%

10-Year Dividend CAGR

6.32%

3-Year Total Growth

18.71%

5-Year Total Growth

33.55%

10-Year Total Growth

84.55%

Income Calculator

LNT Dividend Calculator

Total Investment

$7,176.00

Annual Income

$208.50

Quarterly Income

$52.13

Monthly Income

$17.38

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Frequently Asked Questions

What is LNT's current dividend yield?
Alliant Energy Corporation (LNT) currently has a dividend yield of 2.91%, based on a stock price of $71.76 and an annual dividend of $2.08.
When is LNT's next dividend payment date?
LNT's next ex-dividend date is 2026-04-30 and the next payment date is 2026-05-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does LNT pay in dividends per year?
Alliant Energy Corporation paid $2.03 per share in annual dividends in 2025. The dividends are paid quarterly.
Has LNT been increasing its dividend?
Alliant Energy Corporation has grown its dividend at a 5-year CAGR of 5.96% and a 10-year CAGR of 6.32%.
Is LNT's dividend safe?
Alliant Energy Corporation has a payout ratio of 64.70%. Its free cash flow payout ratio is 44.57%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is LNT's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Alliant Energy Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.