Ameren: A Great Idea In The Utility Space For Long-Term Dividend Growth Investors
Ameren is a holding company operating regulated electric and natural gas utilities in the states of Illinois and Missouri. Ameren has increased its dividend for 13 consecutive years. Its 10-year dividend growth rate of 5.5% is okay, but what's more interesting is the acceleration in dividend growth. Ameren has a fairly standard financial position. Its long-term debt/equity ratio is 1.3, while the interest coverage ratio is 3.