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Exelon Corporation Plans Quarterly Dividend of $0.42 (NASDAQ:EXC)
['Logan Wallace']
Ticker Report
Exelon Corporation (NASDAQ:EXC – Get Free Report) announced a quarterly dividend on Tuesday, July 28th.
Stockholders of record on Friday, September 4th will be given a dividend of 0.42 per share on Tuesday, September 15th.
This represents a c) annualized dividend and a dividend yield of 3.5%.
Exelon has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 3 years.
Exelon has a payout ratio of 59.6% meaning its dividend is sufficiently covered by earnings.