Constellation Energy Corporation Declares Dividend

Rhea-AI Summary

The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) has declared a quarterly dividend of $0.141 per share on common stock. This dividend is payable on September 9, 2022, to shareholders of record as of 5 p.m. Eastern time on August 15, 2022. Constellation is the largest producer of clean, carbon-free energy in the U.S., providing approximately 10% of the grid's carbon-free energy with a goal of achieving 100% carbon-free power generation by 2040.

Positive

• Declared a dividend of $0.141 per share, supporting shareholder returns.
• The company is a leader in clean energy, contributing to sustainability.
• Aims for 100% carbon-free power generation by 2040, enhancing long-term growth.

Negative

• None.

BALTIMORE--(BUSINESS WIRE)-- The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) declared a quarterly dividend of $0.141 per share on Constellation’s common stock. The dividend is payable on Friday, Sept. 9, 2022, to shareholders of record as of 5 p.m. Eastern time on Monday, Aug. 15, 2022.

About Constellation

Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of clean, carbon-free energy and a leading supplier of energy products and services to millions of homes, institutional customers, the public sector, community aggregations and businesses, including three fourths of Fortune 100 companies. A Fortune 200 company headquartered in Baltimore, our fleet of nuclear, hydro, wind and solar facilities have the generating capacity to power approximately 20 million homes, providing 10 percent of all carbon-free energy on the grid in the U.S. Our fleet is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is nearly 90 percent carbon-free. We have set a goal to achieve 100 percent carbon-free power generation by 2040 by leveraging innovative technology and enhancing our diverse mix of hydro, wind and solar resources paired with the nation’s largest nuclear fleet. Follow Constellation on Twitter @ConstellationEG.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220725005536/en/

Emily Duncan

Investor Relations

833-447-2783

investorrelations@constellation.com

Paul Adams

Corporate Communications

410-470-4167

paul.adams@constellation.com

Source: Constellation Energy Corporation

FAQ

What is the dividend amount for CEG?

Constellation Energy Corporation declared a dividend of $0.141 per share.

When is the CEG dividend payment date?

The dividend is payable on September 9, 2022.

What is the record date for CEG's dividend?

The record date for the dividend is August 15, 2022, at 5 p.m. Eastern time.

What percentage of energy does CEG provide on the grid?

Constellation Energy provides approximately 10% of all carbon-free energy on the U.S. grid.

What is Constellation Energy's carbon-free generation goal?

Constellation aims for 100% carbon-free power generation by 2040.