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Constellation Energy Corporation Declares Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) has declared a quarterly dividend of $0.141 per share on its common stock. This dividend will be payable on June 10, 2022, to shareholders of record as of 5 p.m. ET on May 13, 2022. Constellation is the largest producer of carbon-free energy in the U.S., with a capacity of over 32,400 megawatts and an annual output that is 90% carbon-free. The company aims to eliminate all greenhouse gas emissions by 2040.
Positive
Quarterly dividend of $0.141 per share boosts shareholder income.
Largest producer of carbon-free energy in the U.S.
Goal to eliminate 100% greenhouse gas emissions by 2040 enhances company sustainability.
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, June 10, 2022, to shareholders of record as of 5 p.m. Eastern time on Friday, May 13, 2022.
About Constellation
Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of carbon-free energy and the leading competitive retail supplier of power and energy products and services for homes and businesses across the United States. Headquartered in Baltimore, its generation fleet powers more than 20 million homes and businesses and is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is 90 percent carbon-free. Constellation has set a goal to eliminate 100 percent of its greenhouse gas emissions by 2040 by leveraging innovative technology and enhancing its diverse mix of hydro, wind and solar resources paired with the nation’s largest carbon-free nuclear fleet. Constellation’s family of retail businesses serves approximately 2 million residential, public sector and business customers, including three-fourths of the Fortune 100. Visit ConstellationEnergy.com or follow Constellation on Twitter at @ConstellationEG.