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Cash Dividend On The Way From Exelon Corp.'s Trust Preferred Securities

On 4/10/15, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 4/15/15. As a percentage of BGE.PRB's recent share price of $25.73, this dividend works out to approximately 1.51%, so look for shares of BGE.PRB to trade 1.51% lower - all else being equal - when BGE.PRB shares open for trading on 4/10/15. On an annualized basis, the current yield is approximately 6.03%, which compares to an average yield of 4.66% in the "Utilities" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of BGE.PRB shares, versus EXC:

Performance Comparison Chart

Below is a dividend history chart for BGE.PRB, showing historical dividends prior to the most recent $0.3875 on Exelon Corp.'s 6.20% Trust Preferred Securities:

BGE.PRB+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Exelon Corp. (Symbol: EXC) makes up 5.02% of the Utilities Select Sector SPDR Fund ETF ( XLU ) which is trading lower by about 0.3% on the day Wednesday.

In Wednesday trading, Exelon Corp.'s 6.20% Trust Preferred Securities (Symbol: BGE.PRB) is currently trading flat on the day, while the common shares (Symbol: EXC) are down about 0.9%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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