Exelon Corp. Raises Quarterly Dividend by 5.5% to 38.25 Cents
January 28 2020 - 12:20PM
Dow Jones News
By Colin Kellaher
Exelon Corp. (EXC) on Tuesday said its board raised the
quarterly dividend by 5.5% to 38.25 cents a share from 36.25
cents.
The new payout, equal to $1.53 a year, represents an annual
yield of about 3.24% based on Monday's closing price of $47.27, up
from a yield of 3.07%.
The Chicago utility holding company said the increased dividend
is payable March 10 to shareholders of record Feb. 20.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 28, 2020 12:05 ET (17:05 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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