Exelon (EXC) Dividend

Exelon Corporation · Utilities · Utilities - Regulated Electric · quarterly payer

$46.23

As of Nov 5, 2026, Exelon (EXC) pays a quarterly dividend of $0.42 per share, or $1.68 a year, a 3.63% yield at its $46.23 share price. The next ex-dividend date is Dec 4, 2026, paid Dec 15, 2026. It has raised its dividend 4 years in a row and has a dividend safety grade of A.

Forward Yield

3.63%

Annual Dividend

$1.68

Payout Ratio

65%

5-Yr Growth

7.9%

Ex-Date

Dec 4, 2026

Frequency

Quarterly

Key facts about EXC's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, Exelon Corporation (EXC) has a forward dividend yield of 3.63%, based on an annual dividend of $1.68 per share and a share price of $46.23.
As of Nov 5, 2026, EXC's dividend safety grade from SmarterDividends is A (81 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Exelon Corporation (EXC) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
EXC last cut its regular dividend in 2012.
EXC's next ex-dividend date is Dec 4, 2026, with payment on Dec 15, 2026. Shares must be owned before that date to receive the dividend.
As of Nov 5, 2026, EXC pays out 65% of its trailing 12-month earnings as dividends (its payout ratio).
EXC's dividend has grown at an average rate of 7.9% a year over the past five years.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for EXC is $42.79 per share, 7% below the $46.23 share price, so EXC screens as fairly valued.
Exelon Corporation (EXC) pays its dividend quarterly, 4 times a year.
Exelon Corporation (EXC) has raised its regular dividend 32 times and cut it 4 times across the 215 payments on record since 1973. Its most recent change was a 5.0% increase to $0.420 per share, going ex-dividend on Mar 2, 2026. The last cut went ex-dividend on May 13, 2013.
Exelon (EXC) has declared its first higher dividend of the year in February in 4 of the last 5 years; its most recent raise, 5.0%, was declared on Feb 12, 2026.

Cite this page

SmarterDividends, "EXC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/EXC

Is EXC a good dividend stock?

Yes

Exelon Corporation (EXC) pays a quarterly dividend yielding 3.63% ($1.68/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Strong 7.9% 5-yr dividend growth
Top-tier dividend safety score

Risks

Cut its dividend in 2012

Key Data

Dividend Yield: 3.63%
Payout Ratio: 65%
Annual Dividend: $1.68
5-Yr Avg Growth: 7.9%
Ex-Dividend Date: Dec 4, 2026
Years of Growth: 4
Frequency: quarterly
Beta: 0.34
Market Cap: $47.8B
P/E Ratio: 18.1
5-Yr Total Return: 23%
52-Week Range: $39.73 – $50.65
Dividend Safety: A · 81/100
Ever Cut?: Yes (2012)

EXC dividend raises and cuts

Exelon Corporation (EXC) has raised its regular dividend 32 times and cut it 4 times across the 215 payments on record since 1973. Its most recent change was a 5.0% increase to $0.420 per share, going ex-dividend on Mar 2, 2026. The last cut went ex-dividend on May 13, 2013.

Ex-date	Change	Old → new	Move
Mar 2, 2026	Raise	$0.400 → $0.420	+5.0%
Feb 24, 2025	Raise	$0.380 → $0.400	+5.3%
Mar 1, 2024	Raise	$0.360 → $0.380	+5.6%
Feb 24, 2023	Raise	$0.338 → $0.360	+6.5%
Feb 24, 2022	Raise	$0.273 → $0.338	+23.7%
Feb 19, 2020	Raise	$0.259 → $0.273	+5.5%
Feb 19, 2019	Raise	$0.246 → $0.259	+5.2%
Feb 14, 2018	Raise	$0.234 → $0.246	+5.2%
Feb 13, 2017	Raise	$0.227 → $0.234	+3.1%
May 11, 2016	Raise	$0.221 → $0.227	+2.6%
May 13, 2013	Cut	$0.374 → $0.221	−41.0%
Aug 13, 2012	Raise	$0.270 → $0.374	+38.5%

Show all 36 changes since 1977

Ex-date	Change	Old → new	Move
May 11, 2012	Raise	$0.104 → $0.270	+159.6%
Mar 13, 2012	Cut	$0.374 → $0.104	−72.2%
Nov 12, 2008	Raise	$0.357 → $0.374	+5.0%
Feb 13, 2008	Raise	$0.314 → $0.357	+13.6%
Feb 13, 2007	Raise	$0.285 → $0.314	+10.0%
Nov 10, 2004	Raise	$0.218 → $0.285	+31.1%
Aug 11, 2004	Raise	$0.196 → $0.218	+10.9%
Feb 11, 2004	Raise	$0.178 → $0.196	+10.0%
Aug 13, 2003	Raise	$0.164 → $0.178	+8.7%
Feb 12, 2003	Raise	$0.157 → $0.164	+4.5%
Feb 13, 2002	Raise	$0.151 → $0.157	+4.0%
May 11, 2001	Raise	$0.0892 → $0.151	+69.2%
Feb 18, 1998	Cut	$0.160 → $0.0892	−44.4%
Nov 13, 1996	Raise	$0.155 → $0.160	+3.4%
Nov 13, 1995	Raise	$0.144 → $0.155	+7.4%
Nov 3, 1994	Raise	$0.136 → $0.144	+6.6%
Feb 16, 1994	Raise	$0.125 → $0.136	+8.6%
Nov 5, 1992	Raise	$0.116 → $0.125	+7.7%
Nov 6, 1991	Raise	$0.107 → $0.116	+8.3%
May 17, 1990	Cut	$0.196 → $0.107	−45.5%
Feb 27, 1984	Raise	$0.189 → $0.196	+3.8%
Aug 19, 1982	Raise	$0.178 → $0.189	+6.0%
Aug 20, 1981	Raise	$0.160 → $0.178	+11.1%
May 26, 1977	Raise	$0.146 → $0.160	+9.8%

Every EXC payment →Download every raise and cut (CSV)

EXC ex-dividend date & scheduleNext ex-date Dec 4, 2026 · full ex-dividend historyView →EXC dividend historyEvery payment, totals by year, raises and cutsView →EXC dividend calculator100 shares pay $168.00 a year, $42.00 each quarterCalculate →EXC total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is EXC a good dividend stock?

Yes. Exelon Corporation (EXC) pays a quarterly dividend yielding 3.63% ($1.68/yr), with 4 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is EXC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, EXC's fair value is about $42.79 versus a $46.23 share price — so it looks fairly valued (-7% vs. fair value).

Is EXC's dividend safe?

EXC has a dividend-safety grade of A (81/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2012, debt and yield-versus-history.

What is EXC's fair value?

Our blended fair-value estimate for EXC is about $42.79 per share, about 7% below the current $46.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is EXC a buy, hold, or sell?

We don't issue formal ratings, but on the data EXC screens as "yes" and fairly valued. Exelon Corporation (EXC) pays a quarterly dividend yielding 3.63% ($1.68/yr), with 4 years of growth and a dividend-safety grade of A. 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 EXC cut its dividend?

EXC earns a dividend-safety grade of A (81/100), and has cut its dividend before (last in 2012). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does EXC pay a dividend?

Yes. Exelon Corporation pays a quarterly dividend of about $1.68 per share annually, a forward yield of roughly 3.63%.

How much dividend does 100 shares of EXC pay?

At $1.68 per share a year, 100 shares of EXC pay $168.00 a year in dividends before tax, about $42.00 each quarter. Buying them costs about $4,623 at the Nov 5, 2026 price.

What is EXC's dividend yield?

As of Nov 5, 2026, EXC's forward dividend yield is 3.63%, based on a $1.68 annual dividend and a $46.23 share price.

What is EXC's dividend per share?

As of Nov 5, 2026, EXC pays $1.68 per share per year, distributed on a quarterly basis.

What is EXC's dividend payout ratio?

As of Nov 5, 2026, EXC's payout ratio is 65% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has EXC grown its dividend?

As of Nov 5, 2026, EXC has increased its dividend for 4 consecutive years.

When is the next EXC ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for EXC is Dec 4, 2026.

Dividend Growth

Total dividends per share by year

Dividend History

Full EXC dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 4, 2026	Sep 15, 2026	$0.4200	regular
Jun 4, 2026	Jun 15, 2026	$0.4200	regular
Mar 2, 2026	Mar 13, 2026	$0.4200	regular
Nov 10, 2025	Dec 15, 2025	$0.4000	regular
Aug 11, 2025	Sep 15, 2025	$0.4000	regular
May 12, 2025	Jun 13, 2025	$0.4000	regular
Feb 24, 2025	Mar 14, 2025	$0.4000	regular
Nov 8, 2024	Dec 13, 2024	$0.3800	regular
Aug 12, 2024	Sep 13, 2024	$0.3800	regular
May 10, 2024	Jun 14, 2024	$0.3800	regular
Mar 1, 2024	Mar 15, 2024	$0.3800	regular
Nov 14, 2023	Dec 8, 2023	$0.3600	regular
Aug 14, 2023	Sep 8, 2023	$0.3600	regular
May 12, 2023	Jun 9, 2023	$0.3600	regular