Constellation Energy Corporation Declares Dividend

Rhea-AI Summary

Constellation Energy (Nasdaq: CEG) has declared a quarterly dividend of $0.3525 per share on its common stock. The dividend is payable on Sept. 6, 2024, to shareholders of record as of 5 p.m. Eastern time on Aug. 12, 2024. Constellation, a Fortune 200 company based in Baltimore, is the largest producer of clean, carbon-free energy in the United States. With 90% carbon-free annual output, the company's hydro, wind, solar, and nuclear facilities have the capacity to power 16 million homes, providing about 10% of the nation's clean energy. Constellation aims to achieve 100% carbon-free generation by 2040 and is investing in emerging technologies to eliminate carbon emissions across all economic sectors.

Positive

• Declared quarterly dividend of $0.3525 per share
• Largest producer of clean, carbon-free energy in the US
• 90% carbon-free annual output
• Generating capacity equivalent to powering 16 million homes
• Provides 10% of the nation's clean energy
• Ambitious goal of 100% carbon-free generation by 2040

Negative

• None.

BALTIMORE--(BUSINESS WIRE)-- The Board of Directors of Constellation Energy Corporation (Nasdaq: CEG) declared a quarterly dividend of $0.3525 per share on Constellation’s common stock. The dividend is payable on Sept. 6, 2024, to shareholders of record as of 5 p.m. Eastern time on Aug. 12, 2024.

About Constellation

A Fortune 200 company 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 16 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/20240729558629/en/

Emily Duncan

Investor Relations

833-447-2783

investorrelations@constellation.com

Paul Adams

Corporate Communications

667-218-7700

paul.adams@constellation.com

Source: Constellation Energy Corporation

FAQ

When is Constellation Energy's (CEG) next dividend payment date?

Constellation Energy's (CEG) next dividend payment date is September 6, 2024.

What is the amount of Constellation Energy's (CEG) quarterly dividend?

Constellation Energy (CEG) has declared a quarterly dividend of $0.3525 per share.

What is the record date for Constellation Energy's (CEG) upcoming dividend?

The record date for Constellation Energy's (CEG) upcoming dividend is August 12, 2024, at 5 p.m. Eastern time.

What percentage of Constellation Energy's (CEG) annual output is carbon-free?

Constellation Energy (CEG) reports that nearly 90% of its annual output is carbon-free.

What is Constellation Energy's (CEG) goal for carbon-free generation?

Constellation Energy (CEG) has set a goal of achieving 100% carbon-free generation by 2040.