NEW YORK ( TheStreet) -- The ex-dividend date for Alliant Energy Corporation (NYSE: LNT) is tomorrow, October 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $40.95 as of 9:30 a.m. ET, the dividend yield is 4.1%.

The average volume for Alliant Energy has been 746,800 shares per day over the past 30 days. Alliant Energy has a market cap of $4.6 billion and is part of the utilities sector and utilities industry. Shares are up 9.9% year to date as of the close of trading on Tuesday.

Alliant Energy Corporation operates in electric and gas utility businesses in the United States. The company has a P/E ratio of 14.4, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Alliant Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Alliant Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.
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