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Alliant Energy Pre-Announces a Possible Earnings Miss, but Sees Dividend Hike in 2009

Alliant Energy(LNT Quote) just announced it expects to be at the low end, or slightly below the earnings guidance for 2009.

The company is also announcing guidance for 2009 earnings from continuing operations of $2.18-$2.48 per share. The company's board of directors has approved an increase in its 2009 expected annual common stock dividend to $1.50 per share from the current annual dividend of $1.40 per share. Payment of the 2009 quarterly dividends will be subject to the actual dividend declaration by the board of directors, which is expected in January for the initial quarterly dividend. ...