Exelon Corporation Declares Dividend

Rhea-AI Summary

Exelon Corporation's Board of Directors declared a quarterly dividend of $0.3825 per share on its common stock. This dividend will be payable on June 10, 2021, to shareholders recorded by May 14, 2021, at 5 p.m. Eastern time. As a leading energy company, Exelon operates in 48 states and serves around 10 million customers across various subsidiaries, achieving $33 billion in revenue in 2019. The company has a robust generation capacity including nuclear, gas, wind, solar, and hydroelectric.

Positive

• Quarterly dividend of $0.3825 per share boosts shareholder income.
• Strong revenue of $33 billion in 2019 demonstrates financial stability.
• Extensive operational reach with 10 million customers across 48 states.

Negative

• None.

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, June 10, 2021, to shareholders of record of Exelon as of 5 p.m. Eastern time on Friday, May 14, 2021.

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 $33 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210427005950/en/

FAQ

What is the dividend amount declared by Exelon Corporation?

Exelon Corporation declared a quarterly dividend of $0.3825 per share.

When will the dividend be paid to shareholders of Exelon?

The dividend will be paid on June 10, 2021.

What is the record date for Exelon's dividend payment?

The record date for the dividend payment is May 14, 2021, at 5 p.m. Eastern time.

How many customers does Exelon Corporation serve?

Exelon Corporation serves approximately 10 million customers.

What was Exelon Corporation's revenue in 2019?

Exelon Corporation had a revenue of $33 billion in 2019.