Constellation Energy Corporation (NASDAQ:CEG) is listed among the 12 Must-Buy Dividend Stocks to Invest in. The company is a top producer of carbon-free electricity and nuclear power, catering to the tech sector’s growing energy needs. Operating in an unregulated market allows Constellation to benefit from surging demand.
Constellation Energy Corporation (NASDAQ:CEG) is the largest nuclear energy provider in the US with a capacity of 22.2 gigawatts. The recent acquisition of Calpine could add 25 gigawatts of gas generation capacity, potentially generating $2 billion in annual free cash flow. This positions the company well to meet the increasing demand for power.
Constellation Energy Corporation (NASDAQ:CEG) has a strong dividend policy, offering a quarterly dividend of $0.3878 per share with a yield of 0.40%. The company has consistently raised its payouts since 2022, indicating stability and growth in dividends.
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Read more at Yahoo Finance: A Must-Buy Dividend Stock Leading the Carbon-Free Revolution
