CEDAR RAPIDS, Iowa, July 27, 2016 /PRNewswire/ -- The Board of Directors of Alliant Energy's Iowa utility, Interstate Power and Light Company (IPL), has declared dividends for its preferred stock shareowners of record on August 31, 2016. The dividends, which are payable on September 15, 2016, are as follows:

$0.31875 per share on the 5.1% Series D Cumulative Preferred Stock

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About Alliant Energy - IPL

Alliant Energy Corporation's Iowa utility subsidiary, Interstate Power and Light Company (IPL), utilizes the trade name of Alliant Energy. The Iowa utility is based in Cedar Rapids, Iowa, and provides electric service to 490,000 customers and natural gas service to 225,000 customers in more than 700 communities. The employees of Alliant Energy focus on delivering the energy and exceptional service their customers and communities expect - safely, reliably, and affordably. Visit www.alliantenergy.com or call 1-800-ALLIANT (800-255-4268) for more information. Alliant Energy Corporation, which is a component of the S&P 500, is traded on the New York Stock Exchange under the symbol LNT.

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SOURCE Alliant Energy Corporation