DTB - Ameren: An Underappreciated Electric Utility At A Good Price

• Ameren is primarily an electric utility serving much of Missouri and Illinois.
• The company is positioned to grow its rate base at an 8% CAGR over the next four years, allowing it to continue with its tradition of dividend growth.
• The demand for electricity is expected to continue to grow, although not as quickly as some expect.
• The company is generating copious amounts of cash flow to easily support its 2.50% dividend yield.
• The company is trading at a relative discount to its peers.

For further details see: