Ameren Corp | 4.70% Series Cumul Serial Preferred Stock (AILIM)
Prospectus excerpt: Ameren Illinois Co., formerly Illinois Power Co., 4.70% Series Cumulative Serial Preferred Stock, par value $100 per share, redeemable anytime at the company's option at $103 per share plus accrued and unpaid dividends, and with no stated maturity. Dividends of 4.70% ($4.70) per annum are paid quarterly on 2/1, 5/1, 8/1 & 11/1. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. Illinois Power Co. is a wholly-owned subsidiary of Illinova Corp. which in turn is a wholly-subsidiary of Dynegy Inc. (NYSE: DYN).
, Secondary Prospectus PDF », AEE Page »
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Ameren Corporation is a public utility holding company. Co. operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The Ameren Missouri segment includes all of the operations of Ameren Missouri. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas distribution business in Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois. The Ameren Illinois Natural Gas segment consists of the natural gas business of Ameren Illinois. Preferreds: UEPEO, UELMO, UEPCN, UEPCO, UEPCP, UEPEN, AILLP, UEPEM, AILIH, AILIO, AILIM, AILLM, AILIN, AILIP, UEPEP, AILLI, AILLN, AILLO Open the AEE Information Page » |
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