Exelon Corporation Declares Dividend

Rhea-AI Summary

Exelon Corporation's Board of Directors has declared a quarterly dividend of $0.3825 per share on its common stock. The dividend will be paid on December 10, 2020, to shareholders recorded by November 16, 2020, at 5 p.m. Eastern time. Exelon is a Fortune 100 energy company, serving approximately 10 million customers across multiple states and Canada, with a 2019 revenue of $34 billion. It operates one of the largest competitive power generation fleets in the U.S., with a capacity of 31,000 megawatts.

Positive

• Dividend declared at $0.3825 per share, demonstrating company confidence.
• Exelon serves approximately 10 million customers, indicating strong market presence.
• 2019 revenue of $34 billion highlights robust financial performance.

Negative

• None.

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Exelon Corporation declared a regular quarterly dividend of $0.3825 per share on Exelon’s common stock. The dividend is payable on Thursday, Dec. 10, 2020, to shareholders of record of Exelon as of 5 p.m. Eastern time on Monday, Nov. 16, 2020.

About Exelon Corporation

Exelon Corporation (Nasdaq: EXC) is a Fortune 100 energy company with the largest number of electricity and natural gas customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2019 revenue of $34 billion. Exelon serves approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with 31,000 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to approximately 2 million residential, public sector and business customers, including three fourths of the Fortune 100. Follow Exelon on Twitter @Exelon.