SmarterDividends
CEG

Constellation Energy Corporation

CEG

Utilities · Utilities - Independent Power Producers · Stock · quarterly payer

$270.74

Fairly valued · -1% Add to Portfolio

Forward Yield

0.63%

Annual Dividend

$1.71

Payout Ratio

16%

5-Yr Growth

—

Ex-Date

Aug 18, 2026

Frequency

Quarterly

Key facts about CEG's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 22, 2026, Constellation Energy Corporation (CEG) has a forward dividend yield of 0.63%, based on an annual dividend of $1.71 per share and a share price of $270.74.
  • As of Oct 22, 2026, CEG's dividend safety grade from SmarterDividends is B (77 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Constellation Energy Corporation (CEG) has raised its dividend for 3 consecutive years as of Oct 22, 2026.
  • CEG has never cut its regular dividend in the payment history SmarterDividends has on record.
  • CEG's most recent ex-dividend date was Aug 18, 2026, for a dividend of $0.43 per share.
  • As of Oct 22, 2026, CEG pays out 16% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 22, 2026, CEG's 0.63% yield is 21% below its five-year average yield of 0.79%.
  • As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for CEG is $267.26 per share, 1% below the $270.74 share price, so CEG screens as fairly valued.
  • Constellation Energy Corporation (CEG) pays its dividend quarterly, 4 times a year.
  • Constellation Energy Corporation (CEG) has raised its regular dividend 4 times and cut it 0 times across the 19 payments on record since 2022. Its most recent change was a 10.1% increase to $0.427 per share, going ex-dividend on Mar 9, 2026.
  • Constellation Energy (CEG) has declared its first higher dividend of the year in February in 3 of the last 5 years; its most recent raise, 10.1%, was declared on Feb 20, 2026.
Cite this page

SmarterDividends, "CEG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/CEG

Summary

As of Oct 22, 2026, Constellation Energy Corporation (CEG) yields 0.63% ($1.71 a year per share), has a dividend safety grade of B (77/100) and has 3 consecutive years of dividend increases on record.

Is CEG a good dividend stock?

Yes

Constellation Energy Corporation (CEG) pays a quarterly dividend yielding 0.63% ($1.71/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (16%)
  • 465% total price return over 5 years

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.63%
Payout Ratio
16%
Annual Dividend
$1.71
5-Yr Avg Growth
—
Ex-Dividend Date
Aug 18, 2026
Years of Growth
3
Frequency
quarterly
Beta
1.13
Market Cap
$95.9B
P/E Ratio
26.5
5-Yr Total Return
465%
52-Week Range
$228.63 – $406.04
Dividend Safety
B · 77/100
Ever Cut?
No

CEG dividend raises and cuts

Constellation Energy Corporation (CEG) has raised its regular dividend 4 times and cut it 0 times across the 19 payments on record since 2022. Its most recent change was a 10.1% increase to $0.427 per share, going ex-dividend on Mar 9, 2026.

Ex-dateChangeOld → newMove
Mar 9, 2026Raise$0.388 → $0.427+10.1%
Mar 7, 2025Raise$0.353 → $0.388+9.9%
Mar 7, 2024Raise$0.282 → $0.353+25.2%
Feb 24, 2023Raise$0.141 → $0.282+100.0%
Every CEG payment →Download every raise and cut (CSV)
CEG ex-dividend date & scheduleNext ex-date Aug 18, 2026 · full ex-dividend historyView →CEG dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is CEG a good dividend stock?

Yes. Constellation Energy Corporation (CEG) pays a quarterly dividend yielding 0.63% ($1.71/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is CEG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CEG's fair value is about $267.26 versus a $270.74 share price — so it looks fairly valued (-1% vs. fair value).

Is CEG's dividend safe?

CEG has a dividend-safety grade of B (77/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is CEG's fair value?

Our blended fair-value estimate for CEG is about $267.26 per share, about 1% below the current $270.74 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CEG a buy, hold, or sell?

We don't issue formal ratings, but on the data CEG screens as "yes" and fairly valued. Constellation Energy Corporation (CEG) pays a quarterly dividend yielding 0.63% ($1.71/yr), with 3 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will CEG cut its dividend?

CEG earns a dividend-safety grade of B (77/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CEG pay a dividend?

Yes. Constellation Energy Corporation pays a quarterly dividend of about $1.71 per share annually, a forward yield of roughly 0.63%.

What is CEG's dividend yield?

As of Oct 22, 2026, CEG's forward dividend yield is 0.63%, based on a $1.71 annual dividend and a $270.74 share price.

What is CEG's dividend per share?

As of Oct 22, 2026, CEG pays $1.71 per share per year, distributed on a quarterly basis.

What is CEG's dividend payout ratio?

As of Oct 22, 2026, CEG's payout ratio is 16% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CEG grown its dividend?

As of Oct 22, 2026, CEG has increased its dividend for 3 consecutive years.

When is the next CEG ex-dividend date?

As of Oct 22, 2026, CEG's next ex-dividend date hasn't been announced. The most recent was Aug 18, 2026, for $0.43 per share.

Income Calculator

At $1.71 / yr per share

Per payment (quarterly)$42.75
Annual$171.00
Monthly avg$14.25

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