Gold prices steady, holding sharp gains in wake of soft U.S. jobs data
CHICAGO - Exelon Corporation (NASDAQ:EXC) announced Tuesday that its Board of Directors has declared a regular quarterly dividend of $0.40 per share on the company’s common stock.
The dividend will be payable on September 15, 2025, to shareholders of record as of the close of business on August 11, 2025, according to a press release statement.
Exelon is a Fortune 200 company and one of the largest utility companies in the United States. The company serves more than 10.7 million customers through six regulated transmission and distribution utilities: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power & Light, PECO Energy Company, and Potomac Electric Power Company.
The company employs approximately 20,000 people across its operations. Exelon provides energy delivery services across multiple regions in the United States.
In other recent news, Exelon Corporation reported a strong start to 2025, exceeding earnings expectations with an earnings per share (EPS) of $0.92, surpassing the forecasted $0.71. The company’s revenues also outperformed predictions, reaching $6.71 billion compared to the anticipated $6.21 billion. In addition to its financial performance, Exelon announced leadership changes aimed at enhancing its regional focus. Jaclyn Cantler was appointed as senior vice president for Delaware and New Jersey operations, bringing 23 years of experience to the role. Furthermore, David Vahos has been named the new President and CEO of PECO, a subsidiary of Exelon, succeeding David Velazquez. On the analyst front, Jefferies reiterated its Buy rating on Exelon, maintaining a price target of $52.00, citing the utility’s undervalued defensive characteristics. Meanwhile, Fullmark Energy appointed Bruce Thompson as its new CFO and Kyle Crowley as a board member amid the company’s expansion efforts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.