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Alliant Energy beat Q4 earnings estimates but saw stock drop; increased dividend to $0.5075.
Alliant Energy reported Q4 earnings of $0.70 per share, beating estimates by $0.02.
Despite the strong earnings, the stock price fell by $0.03 to $61.62 on the day of the announcement.
The company increased its quarterly dividend to $0.5075, yielding 3.29%.
With a market cap of $15.81 billion, analysts give the stock a "Hold" rating with a target price of $63.39.
Alliant Energy provides electricity and natural gas services in the US.
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Alliant Energy superó las estimaciones de ganancias del Q4, pero vio una caída de acciones; aumentó el dividendo a $0.5075.