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Constellation Energy Declares Quarterly Dividend

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  Published in Business and Finance on Friday, January 21st 2011 at 9:40 GMT by Market Wire
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BALTIMORE--([ BUSINESS WIRE ])--Constellation Energy (NYSE: CEG) today announced that its board of directors has declared a quarterly dividend of 24 cents per share on the companya™s common stock. The dividend, which equates to 96 cents per share annually, is payable on April 1, 2011, to shareholders of record at the close of business on March 10, 2011.

About Constellation Energy

Constellation Energy ([ www.constellation.com ]) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located in the United States and Canada, totaling approximately 12,000 megawatts of generating capacity, and is among the leading advocates for the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $15.6 billion in 2009.