November 22, 2012
Exelon (NYSE: EXC ) is the second largest utility in the US, and up until now it's been providing shareholders with one of the greatest dividends in the industry. But the company recently hinted that if it were to stay on its current track, either the dividend would have to fall or its credit rating could suffer. Investors reacted negatively, driving the share price down to a 52-week low. In this video, Motley Fool energy analyst Taylor Muckerman tells us how this company has made both its dividend and its credit rating into top priorities, and what spending cuts it's identified to keep the dividend stream alive.
As the nation moves increasingly toward clean energy, Exelon is perfectly positioned to capitalize on having the largest nuclear fleet in North America. Combine this strength with an increased focus on renewable energy, and Exelon's recent merger with Constellation places Exelon and its best-in-class dividend on a short list of top utilities. To determine whether Exelon is a good long-term fit for your portfolio, you're invited to check out The Motley Fool's premium research report on the company. Simply click here now for instant access.