Exelon Raises Quarterly Dividend by 5.3%

Dow Jones
02-12
 

By Colin Kellaher

 

Exelon's board has raised the utility services holding company's quarterly dividend by 5.3%, to 40 cents a share from 38 cents.

The new payout, equal to $1.60 a year, represents an annual yield of about 3.78% based on Tuesday's closing price of $42.36, up from 3.59%.

The Chicago company on Wednesday said the increased dividend is payable March 14 to shareholders of record Feb. 24.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 12, 2025 07:38 ET (12:38 GMT)

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