Exelon Corporation dividend – Exelon Increases Quarterly Dividend by 6.7% to $0.36/Share, Yielding 3.5%

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The dividend will be payable on March 10 to shareholders of record on February 27 and will go ex-dividend on February 24. The forward dividend yield for this dividend stands at 3.5%. Exelon ($NASDAQ:EXC) operates a diverse portfolio of energy assets including nuclear, natural gas, coal, hydro, solar and wind, and is engaged in the generation, transmission, distribution and marketing of electricity and natural gas to customers. The strong dividend yield of 3.5% combined with the potential for future dividend increases makes Exelon a compelling stock for income investors.

For more information about Exelon’s dividends, please visit the Exelon Dividend Scorecard, Yield Chart, and Dividend Growth page. Here you can find detailed information about the company’s dividend history, yield, and growth rate. Investors considering adding Exelon to their portfolios are encouraged to conduct their own research and analysis to determine if it meets their investment objectives.

Dividends – Exelon Corporation dividend

EXELON CORPORATION recently announced an increase in its quarterly dividend by 6.7% to $0.36/share, yielding 3.5%. The company has issued an annual dividend per share of 1.4, 1.53 and 1.53 USD to shareholders in the last three years. The return on investment for shareholders is increasing each year as the dividend yields from 2020 to 2022 are 3.21%, 4.63% and 5.17% respectively, with an average dividend yield of 4.34%. EXELON CORPORATION is a great choice for those who are looking for dividend stocks. It has a consistent track record of increasing its dividends, which shows the confidence of the company in its financial performance. Moreover, the company’s dividends are backed by a strong balance sheet, which provides assurance to shareholders that their investments are safe and secure.

The company is well-positioned to take advantage of the growing demand for renewable energy sources. Therefore, it should be able to generate good returns for shareholders in the long run. Overall, EXELON CORPORATION is an attractive option for investors seeking dividend stocks with a good yield and potential for long-term growth. The company’s strong fundamentals and impressive performance make it a reliable investment for those interested in maximizing their returns.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Exelon Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Exelon Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Exelon Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Exelon Corporation are shown below. More…

Price History

When the news was announced, the stock opened at $41.8 and closed at $42.0, up by 2.0% from the last closing price of 41.2. The company reported better-than-expected second-quarter earnings, which likely contributed to the increase in EXELON’s stock price. The dividend increase shows the confidence investors have in the company and its future outlook. EXELON CORPORATION has a history of rewarding shareholders through dividend increases and stock buybacks, as well as investing in renewable energy technologies and its infrastructure.

This is part of the company’s commitment to providing reliable, affordable, and cleaner energy to its customers. With the latest announcement, EXELON CORPORATION is sending a strong signal to investors that it is financially stable and ready to invest more in renewable energy sources. Live Quote…

Analysis

EXELON CORPORATION is a company that has been assessed by GoodWhale in terms of its financial and business fundamentals. GoodWhale has determined that EXELON CORPORATION is a low risk investment, but there are two risk warnings that have been detected on the income sheet and balance sheet. GoodWhale has examined the company’s financial statements, cash flow, and other relevant data to determine its risk profile. Factors such as overall financial health, liquidity ratio, debt-to-equity ratio, interest coverage ratio, and return on equity were all taken into consideration in the assessment. The assessment also took into account the company’s business operations, customer base, and competitive landscape. As well as an examination of the company’s management team and corporate governance structure. This was all combined to form a comprehensive assessment of the overall risk of investing in EXELON CORPORATION. The conclusion reached was that EXELON CORPORATION is a low risk investment but there are two risk warnings that were uncovered on the income sheet and balance sheet. It is recommended that investors register with GoodWhale to gain further insight into these risks. Overall, GoodWhale’s assessment of EXELON CORPORATION concluded that it is an attractive investment opportunity for those looking for a stable and low risk option. More…

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 an energy company that is a leader in the competitive energy markets. The company operates a diversified electric and gas portfolio of generation, delivery, and retail businesses with a focus on providing customers with reliable and clean energy solutions. Recently, Exelon has announced a 6.7% increase in its quarterly dividend to $0.36 per share, which yields a 3.5% annual dividend yield.

This dividend increase is indicative of the company’s strong financials and ongoing commitment to shareholders. Investing in Exelon can be appealing for those seeking a reliable and consistent income stream with solid growth potential.