Ameren Illinois Co., 4.26% Series Cumul Serial Preferred Stock (AILIO)
OTOTC · Preferred · CUSIP 452092406
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Yield to Call•.••%
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Security Details

Coupon Rate
4.26%
Liquidation Preference
$100.00
Call Price
$103.00
Call / Redemption Date
—
Maturity Date
None
Distribution Period
Q
Rate Type
Fixed
Annual Distribution
4.26
Distribution Dates
2/1, 5/1, 8/1 & 11/1
Credit Ratings
Moody's Baa2 · S&P BBB- (4/20/2025)
Tax-Advantaged Dividends
Yes

Security Profile

Security Type
Traditional Preferred Stock »
CUSIP
452092406
Market Cap
Micro Cap · $2 Million
IPO
12/8/1950
Previous Symbol
IPCHN (changed 9/30/2010)
Previous Name
Illinois Power Co., 4.26% Series Cumul Serial Preferred Stock
Parent Company
Dynegy Inc. (AEE)
Business: Ameren Illinois Co., formerly Illinois Power Co., 4.26% Series Cumulative Serial Preferred Stock, par value $100 per share, redeemable anytime at the company's option at $103 per share plus accrued and unpaid dividends, and with no stated maturity. Dividends of 4.26% ($4.26) per annum are paid quarterly on 2/1, 5/1, 8/1 & 11/1. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. Illinois Power Co. is a wholly-owned subsidiary of Illinova Corp. which in turn is a wholly-subsidiary of Dynegy Inc. (NYSE: DYN).

Company Contact

CEO
Thomas R. Voss
CFO
Martin J. Lyons, Jr.
Headquarters
1901 Chouteau Avenue, St. Louis, MO 63103
Phone
314-621-3222 · Toll-Free 800-255-2237
Fax
314-554-2570
Investor Relations
314-554-3502 · invest@ameren.com
SEC EDGAR Filings
View filings »