Constellation Energy Corporation Declares Dividend

Rhea-AI Summary

Constellation Energy Corporation declares quarterly dividend of $0.282 per share on common stock.

Positive

• Positive take: The declaration of a quarterly dividend indicates that Constellation Energy Corporation is financially stable and generating enough profits to distribute dividends to its shareholders. This can be seen as a positive sign for investors, as it demonstrates the company's commitment to returning value to its shareholders.

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 Sept. 8, 2023, to shareholders of record as of 5 p.m. Eastern time on Aug. 14, 2023.

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 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/20230801269453/en/

Emily Duncan

Investor Relations

833-447-2783

investorrelations@constellation.com

Paul Adams

Corporate Communications

410-470-9700

paul.adams@constellation.com

Source: Constellation Energy Corporation

FAQ

What is the dividend declared by Constellation Energy Corporation?

Constellation Energy Corporation has declared a quarterly dividend of $0.282 per share on its common stock.

When will the dividend be payable?

The dividend will be payable on September 8, 2023.

Who is eligible to receive the dividend?

Shareholders of record as of 5 p.m. Eastern time on August 14, 2023, are eligible to receive the dividend.