Exelon Corporation (NASDAQ:EXC) to Issue $0.42 Quarterly Dividend

Exelon Corporation (NASDAQ:EXC - Get Free Report) declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Thursday, June 4th will be given a dividend of 0.42 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date is Thursday, June 4th.

Exelon has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 3 years. Exelon has a dividend payout ratio of 59.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Exelon to earn $3.05 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 55.1%.

Exelon Stock Performance

Shares of NASDAQ:EXC opened at $46.97 on Wednesday. The firm has a fifty day simple moving average of $48.33 and a two-hundred day simple moving average of $46.31. Exelon has a 52 week low of $41.71 and a 52 week high of $50.65. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $48.06 billion, a P/E ratio of 17.21, a PEG ratio of 2.70 and a beta of 0.41.

Exelon (NASDAQ:EXC - Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same quarter in the previous year, the business posted $0.64 EPS. Exelon's quarterly revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts expect that Exelon will post 2.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Busey Bank boosted its position in Exelon by 2.8% in the 1st quarter. Busey Bank now owns 367,572 shares of the company's stock valued at $18,018,000 after buying an additional 10,148 shares during the period. Westfuller Advisors LLC increased its position in shares of Exelon by 12.5% during the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company's stock worth $103,000 after acquiring an additional 232 shares during the period. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Exelon by 69.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,268 shares of the company's stock valued at $62,000 after acquiring an additional 520 shares in the last quarter. DGS Capital Management LLC raised its stake in shares of Exelon by 10.3% during the first quarter. DGS Capital Management LLC now owns 6,434 shares of the company's stock valued at $315,000 after acquiring an additional 602 shares in the last quarter. Finally, Ascentis Independent Advisors purchased a new stake in shares of Exelon in the 1st quarter worth $76,000. 80.92% of the stock is currently owned by institutional investors.

About Exelon

Exelon Corporation NASDAQ: EXC is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company's businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon's operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.

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