Constellation Energy Corporation Declares Dividend

Rhea-AI Summary

The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) has declared a quarterly dividend of $0.282 per share on its common stock. This dividend will be payable on June 9, 2023, to shareholders recorded by 5 p.m. Eastern time on May 12, 2023. Constellation is recognized as the largest producer of clean, carbon-free energy in the U.S., generating nearly 90% of its output from carbon-free sources. The company supports sustainability goals and aims for 100% carbon-free generation by 2040, contributing significantly to the nation's clean energy supply, which powers approximately 15 million homes.

Positive

• Declared a quarterly dividend of $0.282 per share.
• Dividend demonstrates company confidence in continued financial health.
• Constellation produces nearly 90% carbon-free energy, leading in sustainability efforts.

Negative

• None.

BALTIMORE--(BUSINESS WIRE)-- The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) declared a quarterly dividend of $0.282 per share on Constellation’s common stock. The dividend is payable on June 9, 2023, to shareholders of record as of 5 p.m. Eastern time on May 12, 2023.

About Constellation

Headquartered in Baltimore, 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 businesses, homes, community aggregations and public sector customers across the continental United States, including three fourths of Fortune 100 companies. With annual output that is nearly 90% carbon-free, our hydro, wind and solar facilities paired with the nation’s largest nuclear fleet have the generating capacity to power the equivalent of 15 million homes, providing around 10% of the nation’s clean energy. We are further accelerating the nation’s transition to a carbon-free future by helping our customers reach their sustainability goals, setting our own ambitious goal of achieving 100% carbon-free generation by 2040, and by investing in promising emerging technologies to eliminate carbon emissions across all sectors of the economy. Follow Constellation on LinkedIn and Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230426005745/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 declared by Constellation Energy Corporation?

Constellation Energy Corporation declared a quarterly dividend of $0.282 per share.

When is the dividend payable for Constellation Energy Corporation?

The dividend is payable on June 9, 2023.

What is the record date for the dividend payment for Constellation Energy Corporation?

The record date for the dividend payment is May 12, 2023, at 5 p.m. Eastern time.

What percentage of clean energy does Constellation Energy Corporation produce?

Constellation Energy Corporation produces nearly 90% of its energy from carbon-free sources.

What sustainability goals does Constellation Energy Corporation have?

Constellation aims to achieve 100% carbon-free generation by 2040.