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Baltimore Gas and Electric Company Declares Quarterly Preference Dividends

Thursday, November 8, 2012 5:43 PM


Baltimore Gas and Electric Company (BGE), a subsidiary of Exelon Corporation (NYSE: EXC), today announced that its board of directors has declared quarterly dividends for all of its outstanding preference stock, payable Jan. 2, 2013, to shareholders of record at the close of business on Dec. 10, 2012, as follows:

               
6.70% Series 1993 $1.675 per share
6.97% Series 1993 $1.7425 per share
6.99% Series 1995 $1.7475 per share
7.125% Series 1993 $1.78125 per share
 

BGE, headquartered in Baltimore, is Maryland’s largest gas and electric utility, delivering power to more than 1.2 million electric customers and more than 650,000 natural gas customers in central Maryland. The company’s approximately 3,400 employees are committed to the safe and reliable delivery of gas and electricity, as well as enhanced energy management, conservation, environmental stewardship and community assistance. BGE is a subsidiary of Exelon Corporation (NYSE: EXC), the nation’s leading competitive energy provider with approximately $33 billion in annual revenues.

(Source: Business Wire )
(Source: Quotemedia)

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