Constellation Energy Declares Quarterly Dividend

Friday, July 24, 2009 2:00 PM

(Source: Business Wire) tracking

Constellation Energy (NYSE:CEG) today announced that its board of directors has declared a quarterly dividend of 24 cents per share on the company's common stock. The dividend, which equates to 96 cents per share annually, is payable on Oct. 1, 2009, to shareholders of record at the close of business on Sept. 10, 2009.

About Constellation Energy

Constellation Energy (www.constellation.com) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located throughout the United States, totaling approximately 9,000 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $19.8 billion in 2008.

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