Exelon Corporation (NASDAQ:EXC) Plans $0.42 Quarterly Dividend

Exelon Corporation (NASDAQ:EXC) announced a quarterly dividend on Tuesday, July 28th. Shareholders of record on Friday, September 4th will be paid a dividend of 0.42 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date is Friday, September 4th.

Exelon has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 3 years. Exelon has a payout ratio of 59.6% indicating that its dividend is sufficiently covered by earnings. Equities 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 Price Performance

NASDAQ EXC traded up $0.17 on Wednesday, reaching $47.48. 663,527 shares of the company’s stock traded hands, compared to its average volume of 8,614,264. Exelon has a 12 month low of $42.58 and a 12 month high of $50.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The stock has a 50-day simple moving average of $46.28 and a 200 day simple moving average of $46.55. The stock has a market cap of $48.58 billion, a PE ratio of 17.38, a P/E/G ratio of 2.85 and a beta of 0.31.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same period in the previous year, the business posted $0.92 EPS. The business’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts predict that Exelon will post 2.86 earnings per share for the current year.

Hedge Funds Weigh In On Exelon

Hedge funds have recently made changes to their positions in the business. ASR Vermogensbeheer N.V. boosted its stake in Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after purchasing an additional 60,250 shares in the last quarter. B. Metzler seel. Sohn & Co. AG raised its holdings in Exelon by 26.9% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after buying an additional 45,723 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Exelon by 19.2% in the fourth quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock worth $25,404,000 after buying an additional 93,682 shares in the last quarter. Ledyard National Bank grew its holdings in shares of Exelon by 616.8% during the fourth quarter. Ledyard National Bank now owns 43,926 shares of the company’s stock valued at $1,915,000 after buying an additional 37,798 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Exelon by 18.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 581,300 shares of the company’s stock valued at $25,339,000 after buying an additional 89,822 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other 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.