Exelon raises dividend to $0.40 per share, projecting strong earnings despite past declines.

Exelon Corporation announced a quarterly dividend of $0.40 per share, up from $0.38, with a 3.72% dividend yield. Despite a slight decrease in dividends over the past three years, the company projects a strong earnings outlook for next year. Analysts have a "Moderate Buy" consensus with a target price around $43. Exelon, a utility services holding company, saw its stock price receive a slight boost with Scotiabank raising its price target.

5 weeks ago
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