Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, renewable energy, and other energy-related products and services. The company has 32,400 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Constellation Energy Corporation was formerly a subsidiary of Exelon Corporation.
Constellation Energy Dividend Announcement
• Constellation Energy announced a quarterly dividend of $0.35 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-15
• Constellation Energy annual dividend for 2024 was $1.41
• Constellation Energy annual dividend for 2023 was $1.13
• Constellation Energy's trailing twelve-month (TTM) dividend yield is 0.59%
• Constellation Energy's payout ratio for the trailing twelve months (TTM) is 14.75%
Constellation Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.35 | quarterly | 2024-12-06 |
2024-08-12 | $0.35 | quarterly | 2024-09-06 |
2024-05-29 | $0.35 | quarterly | |
2024-03-07 | $0.35 | quarterly | 2024-03-19 |
2023-11-16 | $0.28 | quarterly | 2023-12-08 |
2023-08-11 | $0.28 | quarterly | 2023-09-08 |
2023-05-11 | $0.28 | quarterly | 2023-06-09 |
2023-02-24 | $0.28 | quarterly | 2023-03-10 |
2022-11-14 | $0.14 | quarterly | 2022-12-09 |
2022-08-12 | $0.14 | quarterly | 2022-09-09 |
2022-05-12 | $0.14 | quarterly | 2022-06-10 |
2022-02-24 | $0.14 | quarterly | 2022-03-10 |
Constellation Energy Dividend per year
Constellation Energy Dividend growth
Constellation Energy Dividend Yield
Constellation Energy current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Constellation Energy stock? Use our calculator to estimate your expected dividend yield:
Constellation Energy Financial Ratios
Constellation Energy Dividend FAQ
Other factors to consider when evaluating Constellation Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Constellation Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Constellation Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Constellation Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Constellation Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Constellation Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Constellation Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Constellation Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Constellation Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Constellation Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.