Published:
Constellation Energy Declares Quarterly Dividend
Constellation Energy Declares Quarterly Dividend
BALTIMORE, May 16 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that its board of directors has declared a
quarterly dividend of 47.75 cents per share on the company's common stock,
equivalent to $1.91 per share annually. The dividend is payable July 1, 2008,
to shareholders of record at the close of business on June 10, 2008.
In addition, Baltimore Gas and Electric Company (BGE) declared quarterly
dividends at the specified rate for all of its outstanding preferred stock,
payable July 1, 2008, to shareholders of record at the close of business on
June 10, 2008.
Constellation Energy (http://www.constellation.com), a FORTUNE 125 company
with 2007 revenues of $21 billion, is the nation's largest competitive
supplier of electricity to large commercial and industrial customers and the
nation's largest wholesale power seller. Constellation Energy also manages
fuels and energy services on behalf of energy intensive industries and
utilities. It owns a diversified fleet of 78 generating units located
throughoutthe United States, totaling approximately 8,700 megawatts of
generating capacity. The company delivers electricity and natural gas through
the Baltimore Gas and Electric Company (BGE), its regulated utility inCentral
Maryland.
SOURCE Constellation Energy
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Copyright © 2008, NewsBlaze,
Daily NewsTags: Oil, Gas and Energy, Utilities, Banking and Finance, , maryland
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