Exelon Corp Dividend Stock Analysis

Exelon Corp (EXC) operates in the electric and natural gas distribution business servicing Illinois, Pennsylvania, and Maryland. The company suffered during 2012/2013 as it saw profits fall and the company had to resort to cut its dividends. The dividend cut resulted in the stock getting punished severely, as the income investors headed to the exit door. However things are starting to turn around as the company just raised its dividend for the first time in April (a 2.58% raise) since the cut and currently appears slightly undervalued. There is a potential for some upside movement over the next year, but the company also faces closure of its best performing (albeit losing) nuclear power plants in Illinois.

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