Exelon Corporation (NYSE:EXC) will begin trading ex-dividend on November 13, 2020. The quarterly dividend payment of $ 0.3825 per share is scheduled to be paid on December 10, 2020. The dividend yield based on the latest trading day closing price was 3.49 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 13, 2020.
Dividends History
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Exelon Corporation recently reported second quarter financial results on August 4, 2020, before market open, the Chicago based company disclosed income for the second quarter of $ 0.55 per share, from the revenue of $ 7,322.00 million. The quarterly earnings lowered 8.33 percent while revenues contracted 4.77 percent compared with the same quarter last year.
According to street consensus, EXC was expected to report 2Q20 income of $ 0.43 per share from revenue of $ 6700.85 million. The bottom line results beat street analysts by $ 0.12 or 27.91 percent, at the same time, top line results outshined analysts by $ 621.15 million or 9.27 percent.
Stock Performance
Shares of Exelon Corporation traded up $ 0.85 or 1.97 percent on Wednesday, reaching $ 43.84 with volume of 5.82 million shares. Exelon Corporation has traded high as $ 43.85 and has cracked $ 42.88 on the downward trend
The closing price of $ 43.84, representing a 46.82 % increase from the 52 week low of $ 29.28 and a 14.94 % decrease over the 52 week high of $ 50.54.
The company has a market capital of $ 42.72 billion and is part of the Utilities sector and Utilities – Diversified industry.
Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.
