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BALTIMORE, May 16 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG)
today announced that its board of directors has declared a quarterly
dividend of 47.75 cents per share on the company's common stock,
equivalent to $1.91 per share annually. The dividend is payable July 1,
2008, to shareholders of record at the close of business on June 10,
2008.
In addition, Baltimore Gas and Electric Company (BGE) declared
quarterly dividends at the specified rate for all of its outstanding
preferred stock, payable July 1, 2008, to shareholders of record at the
close of business on June 10, 2008.
Constellation Energy (http://www.constellation.com/),
a FORTUNE 125 company with 2007 revenues of $21 billion, is the
nation's largest competitive supplier of electricity to large
commercial and industrial customers and the nation's largest wholesale
power seller. Constellation Energy also manages fuels and energy
services on behalf of energy intensive industries and utilities. It
owns a diversified fleet of 78 generating units located throughout the
United States, totaling approximately 8,700 megawatts of generating
capacity. The company delivers electricity and natural gas through the
Baltimore Gas and Electric Company (BGE), its regulated utility in
Central Maryland.
Web site: http://www.constellation.com/
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