BALTIMORE, Oct. 18 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that its board of directors has declared a
quarterly dividend of 43.5 cents per share on the company's common stock,
equivalent to $1.74 per share annually. The dividend is payable January 2,
2008, to shareholders of record at the close of business on December 10,
2007.
In addition, Baltimore Gas and Electric Company (BGE) declared
quarterly dividends at the specified rate for all of its outstanding
preferred stock, payable January 2, 2008, to shareholders of record at the
close of business on December 10, 2007.
Constellation Energy (http://www.constellation.com), a FORTUNE 200
company with 2006 revenues of $19.3 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.
SOURCE Constellation Energy Group
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Related links:
http://www.constellation.com/
http://www.prnewswire.com/comp/084087.html/
CONTACT:
Media, Debra Larsson or Diana L. Hayden,
+1-410-470-7433, or Investor, Kevin Hadlock, +1-410-470-3647, or
Tonya Cultice, +1-410-470-5619, all for Constellation Energy
Group
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