Cash Dividend On The Way From Alliant Energy Corp.'s Series D Cumulative Perpetual Preferred Stock

On 8/27/14, Alliant Energy Corp.'s 5.100% Series D Cumulative Perpetual Preferred Stock (NYSE: IPL.PRD) will trade ex-dividend, for its quarterly dividend of $0.3187, payable on 9/15/14. As a percentage of IPL.PRD's recent share price of $25.44, this dividend works out to approximately 1.25%, so look for shares of IPL.PRD to trade 1.25% lower — all else being equal — when IPL.PRD shares open for trading on 8/27/14. On an annualized basis, the current yield is approximately 4.99%, which compa...