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.
Can this major energy company keep its industry-leading dividend without damaging the company?
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.
