Exelon Corporation (EXC) Declares Quarterly Dividend of $0.42 per Share

Exelon Corporation (NASDAQ:EXC) is included among the 10 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds.

Exelon Corporation (EXC) Declares Quarterly Dividend of $0.42 per Share

Exelon Corporation (NASDAQ:EXC) is one of the country’s largest utility companies, serving more than 10 million customers through six fully regulated transmission and distribution utilities.

On April 28, Exelon Corporation (NASDAQ:EXC) declared a quarterly dividend of $0.42 per share. The dividend is payable on June 15 to shareholders as of the June 4 record. EXC currently offers a robust annual dividend yield of 3.57%, putting it among the 15 Utility Stocks with Highest Dividends.

Exelon Corporation (NASDAQ:EXC) has delivered a 7.4% annual earnings growth rate and 8% rate base growth since 2021, highlighting its ability to navigate changes and consistently execute. The company is now targeting operating earnings of $2.81 to $2.91 per share for FY 2026. Moreover, the utility is guiding an annualized earnings growth of 5% to 7% through 2029, with the expectation of being near the top end of that range.

Heartland Advisors, an investment management company, stated the following regarding Exelon Corporation (NASDAQ:EXC) in its Q1 2026 investor letter:

“Utilities. Exelon Corporation (NASDAQ:EXC), a transmission and distribution focused utility operating across multiple U.S. regions, represents a Deep Value utility holding that inflected positively versus peers during the quarter.

Exelon, which operates in Delaware, Illinois, Maryland, New Jersey, Pennsylvania, and Washington, D.C., doesn’t generate power. It owns and manages the transmission lines, local wires, and control systems that distribute that electricity. Thanks to its geography, it must work with PJM Interconnection, a regional transmission organization that runs wholesale markets and directs the flow of power for a large part of the Eastern United States. In our opinion, PJM is a flawed market where consumers are being squeezed with high prices. However, we believe that part of the solution represents a growing opportunity set for EXC in the form of higher transmission investment and eventually more state-regulated generation growth.

The company’s updated 5-year outlook provided the clearest evidence yet of this prospect becoming reality. Despite recent share price appreciation, the stock continues to trade at a discount to peers of comparable quality, and we consider the re-rating opportunity versus peers to be in the early stages.”

While we acknowledge the risk and potential of EXC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than EXC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Sizzling Returns: 7 Energy Stocks That Just Hit New All-Time Highs and Powering the Future: Why These 7 Energy & Utility Stocks Are on Fire in April

Disclosure: None. Follow Insider Monkey on Google News.