Constellation Energy's latest quarterly cash dividend of $0.353 per share was issued to shareholders on record before Mar 7, 2024. The dividend distribution stands at $1.2 per share annually, which comes to a dividend yield of 0.64%. The latest CEG dividend of $0.353 is an increase from the previous $0.282 payout, representing a growth of 25%.
CEG has a dividend yield of 0.64% which is lower than the Utilities sector average. If we compare it with the Utilities sector average of 3.48%, Constellation Energy's dividend yield is 82% lower.
Constellation Energy has been paying dividends for the last two years. Our records show that CEG has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 70% since twelve months ago. However with the price of the stock up by 141% from a year ago, the dividend yield has a decrease of 30%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 7, 2024 | Mar 19, 2024 | Feb 26, 2024 | $0.353 | normal |
Nov 16, 2023 | Dec 8, 2023 | Nov 2, 2023 | $0.282 | normal |
Aug 11, 2023 | Sep 8, 2023 | Aug 1, 2023 | $0.282 | normal |
May 11, 2023 | Jun 9, 2023 | Apr 26, 2023 | $0.282 | normal |
Feb 24, 2023 | Mar 10, 2023 | Feb 16, 2023 | $0.282 | normal |
Nov 14, 2022 | Dec 9, 2022 | Oct 31, 2022 | $0.141 | normal |
Aug 12, 2022 | Sep 9, 2022 | Jul 26, 2022 | $0.141 | normal |
May 12, 2022 | Jun 10, 2022 | Apr 26, 2022 | $0.141 | normal |
Feb 24, 2022 | Mar 10, 2022 | Feb 8, 2022 | $0.141 | normal |
CEG has a payout ratio of 23.9% which is lower than the Utilities sector average. In comparison with the Utilities sector average of 66.2%, Constellation Energy's payout ratio is 64% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PNM Pnm Resources Inc | 4.1% | $1.49 | 146.1% |
ORA Ormat Technologies Inc | 0.75% | $0.48 | 23% |
CEG Constellation Energy Corporation | 0.64% | $1.2 | 23.9% |
Yes, Constellation Energy has been paying dividends for the last two years.
CEG hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2024.
Constellation Energy's last regular dividend was on Mar 7, 2024 (ex-date) with the amount of $0.353 per share.
CEG's annualized dividend per share is $1.2.
Constellation Energy's current dividend yield is 0.64%.
Constellation Energy pays dividends quarterly.
The dividend payout ratio of Constellation Energy is 23.9%.
Constellation Energy's dividend yield is less than the Utilities sector average.