Exelon Corp. Raises Quarterly Dividend by 5.5% to 38.25 Cents

Date : 01/28/2020 @ 5:20PM
Source : Dow Jones News
Stock : Exelon Corporation (EXC)
Quote : 49.85  0.25 (0.50%) @ 9:30PM
After Hours
Last Trade
Last $ 49.85 ◊ 0.00 (0.00%)

Exelon Corp. Raises Quarterly Dividend by 5.5% to 38.25 Cents

Exelon (NYSE:EXC)
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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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