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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