UNION ELECTRIC CO

Union Electric Co. Preferred Stock 3.7% Perpetual represents a category of preferred shares issued by Union Electric Co., providing investors with fixed dividend payments at an annual rate of 3.7%. As a perpetual preferred stock, these shares offer no fixed maturity date, serving long-term income needs. Such shares are typically senior to common stock with priority in dividend distribution, but they lack the voting rights associated with common shares. This asset can play a strategic role in income-focused portfolios, offering dependable returns through dividends. The utility sector, often known for stable earnings thanks to consistent demand for energy, backs this preferred stock, further contributing to its appeal as a relatively steady source of income within the financial markets.