Alliant Energy Corporation vs Invesco Preferred ETF — how do they compare? Alliant Energy Corporation trades at $68.76 (market cap $17.78B), while Invesco Preferred ETF trades at $10.64. The key difference: Alliant Energy Corporation pays a 3.12% dividend while Invesco Preferred ETF pays none, and Alliant Energy Corporation is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| LNT | PGX | |
|---|---|---|
Market Cap | $17.78B | — |
Sector | Utilities | — |
52-Week High | $78.03 | $11.87 |
52-Week Low | $63.62 | $10.65 |
Enterprise Value | $29.88B | — |
Dividend Yield | 3.12% | — |
Trailing returns across standard periods
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electricity and natural gas customers and approximately 420,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
Read more on LNT →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
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