Pepco Holdings (POM) Declares $0.27 Quarterly Dividend; 4.1% Yield

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Go back to Pepco Holdings (POM) Declares $0.27 Quarterly Dividend; 4.1% Yield

Pepco Holdings Declares Second Quarter Dividend

July 24, 2015 9:20 AM EDT

WASHINGTON--(BUSINESS WIRE)-- Pepco Holdings Inc. (NYSE: POM) announced Thursday that its board of directors declared a quarterly dividend of $0.27 per share on Pepco Holdings common stock that is payable on Sept. 30, 2015, to shareholders of record on Sept. 10, 2015, assuming the companys proposed merger with Exelon Corporation does not close on or prior to the close of business on Sept. 10, 2015.

Pepco Holdings previously declared a pro-rata dividend in the event the proposed merger with Exelon closes before September 10,... More