- Alliant Energy's non-GAAP EPS payout ratio in the low-60% range for this year should stay in that range for next year, which makes the dividend quite safe.
- Alliant Energy's year-to-date revenue has increased 5.5% year-over-year while non-GAAP EPS has ticked up 3.6% year-over-year.
- Alliant Energy's interest coverage ratio remained unchanged year-to-date at a healthy 3.5.
- Based on my inputs into the dividend discount model and discounted cash flows model, I estimate Alliant Energy is trading at a 4% discount to fair value.
- Alliant Energy is poised to generate 10% annual total returns over the next decade with its 2.9% yield, 6-7% annual earnings growth, and 0.4% annual valuation multiple expansion.
For further details see:
Why I Will Be Starting A Position In Alliant Energy