Exelon Corporation dividend – Exelon declares quarterly dividend of $0.3375 per share

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Exelon Corporation ($NASDAQ:EXC) is a utility services holding company headquartered in Chicago, Illinois. It owns and operates a fleet of nuclear, coal, natural gas, and oil-fired power plants. In addition to its power generation business, Exelon also provides energy services to utilities and businesses, including energy efficiency, demand response, and distributed solar photovoltaic power generation.

The company has declared a quarterly dividend of $0.3375 per share, payable on December 9 to shareholders of record on November 15. The dividend is in line with the previous quarter’s dividend, and the stock will go ex-dividend on November 14.

Dividends – Exelon Corporation dividend

Exelon Corporation has declared a quarterly dividend of $0.3375 per share. This dividend is payable on September 10, 2020, to shareholders of record at the close of business on August 31, 2020. Exelon Corporation is a utility services holding company. It operates through five segments: ComEd, PECO, BGE, Pepco, and Exelon Business Services Company. The ComEd segment engages in the generation, transmission, and distribution of electricity for delivery to customers in Illinois.

The PECO segment provides electric and natural gas service to customers in Pennsylvania and Delaware. The BGE segment provides electric and natural gas service to customers in central Maryland. The Pepco segment provides electric and natural gas service to customers in Washington D.C., and Maryland and Delaware. The Exelon Business Services Company provides various support services to Exelon’s businesses.

Price History

This marks an increase of 2.8% from the last closing price of $37.7. The company’s mission is to provide reliable and affordable energy to customers while protecting the environment. Exelon Corporation is committed to clean energy initiatives and has been a leader in the development of nuclear power.

VI Analysis

EXELON CORPORATION is a utility company that produces and sells electricity in the United States. The company is strong in dividend, medium in profitability and weak in asset, growth. EXELON CORPORATION has an intermediate health score of 4/10 with regard to its cashflows and debt, is likely to sustain future operations in times of crisis.

The company is classified as ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. Investors interested in EXELON CORPORATION may be interested in its long-term potential and its ability to pay dividends.

VI Peers

In the United States, the electric power industry is organized into regional transmission organizations (RTOs) and independent system operators (ISOs) that operate wholesale electricity markets. Exelon Corp, New Jersey Resources Corp, Public Service Enterprise Group Inc, and Consolidated Edison Inc are all major players in the electric power industry. These companies compete against each other to provide electricity to consumers in their respective service areas.

– New Jersey Resources Corp ($NYSE:NJR)

New Jersey Resources Corp is a publicly traded energy services holding company with subsidiaries that provide natural gas and electricity to residential, commercial, and industrial customers in New Jersey and Pennsylvania. The company also owns and operates a regulated interstate natural gas pipeline and a regulated interstate natural gas storage system. As of December 31, 2020, the company had 2,841 employees.

– Public Service Enterprise Group Inc ($NYSE:PEG)

Public Service Enterprise Group Inc (PSEG) is a publicly traded diversified energy company with a market cap of $27.57 billion as of 2022. The company is engaged in the generation, transmission, and distribution of electricity and natural gas. It also provides energy-related products and services through its subsidiaries. PSEG’s return on equity (ROE) was -5.39% as of 2022.

PSEG was founded in 1903 and is headquartered in Newark, New Jersey. The company operates in the United States and has approximately 10,000 employees. PSEG’s primary business segments include Electric Operations, Gas Operations, and Energy Resources & Trade.

Public Service Enterprise Group Inc is a large, diversified energy company with a long history. The company has a market cap of $27.57 billion and an ROE of -5.39%. PSEG operates in the electricity generation, transmission, and distribution business as well as the natural gas business. The company also provides energy-related products and services through its subsidiaries.

– Consolidated Edison Inc ($NYSE:ED)

Consolidated Edison Inc is a holding company that engages in the business of providing energy services through its subsidiaries. The company operates in four segments: electric, gas, steam, and other. It has a market cap of $29.44B as of 2022 and a return on equity of 8.28%.

The company was founded in 1884 and is headquartered in New York, NY.

Summary

Exelon Corporation is a utility services holding company that owns and operates utilities in Illinois, Maryland, New Jersey, and Pennsylvania. Exelon is one of the largest electric and gas utilities in the United States. The company’s utilities serve over 10 million customers and provide electricity and gas to over 30 million people. Exelon’s utilities are also among the most environmentally-friendly in the country. Investing in Exelon Corporation offers investors a number of advantages. The company’s utilities are among the most reliable and environmentally-friendly in the country.

In addition, Exelon offers a dividend yield that is significantly higher than the average for the utility sector.