Exelon Corp. (EXC) Raises Quarterly Dividend 5.3% to $0.345; 3.6% Yield

January 30, 2018 11:32 AM EST

Exelon Corp. (NYSE: EXC) declared a quarterly dividend of $0.345 per share, or $1.38 annualized. This is a 5.3% increase from the prior dividend of $0.3275.

The dividend will be payable on March 9, 2018, to stockholders of record on February 15, 2018, with an ex-dividend date of February 14, 2018.

The annual yield on the dividend is 3.6 percent.

"Exelon’s business position has continued to strengthen since 2016 with more earnings coming from our regulated utilities following the PHI acquisition, sustained industry leading utility earnings per share growth and greater stability for our generation fleet with the Illinois and New York zero emissions credit programs that sustain these carbon free, low cost assets,” said Christopher M. Crane, Exelon’s president and CEO. “We’ve also continued to focus on cost management and prudent balance sheet management. I am pleased we are able to share more of our financial success with our shareholders through this updated dividend policy."

For a dividend history and other dividend-related data on Exelon Corp. (EXC) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Dividend Hike, Dividends, Management Comments

Related Entities

Dividend, Earnings, Definitive Agreement