Reported 13 days ago
Constellation Energy Corporation (NASDAQ:CEG) is a leading American energy company specializing in carbon-free electricity and nuclear power, making significant contributions to the growing energy demands, particularly due to the tech sector and the AI boom. Operating in an unregulated market, the company benefits from rising electricity demand while also boasting a strong dividend policy, having initiated dividends in 2022 and raised payouts annually. Following a major acquisition of Calpine, CEG is positioned for further growth, offering a current quarterly dividend of $0.3878 per share, indicating its status as a must-buy dividend stock.
Source: YAHOO