Constellation Energy (CEG): A Must-Buy Dividend Stock Leading the Carbon-Free Revolution

Core Insights - Constellation Energy Corporation (NASDAQ:CEG) is recognized as a leading dividend stock and a key player in the carbon-free energy sector [2][4] Group 1: Company Overview - Constellation Energy is the largest producer of carbon-free electricity in the U.S. and a major supplier of nuclear power, operating in an unregulated market that allows for market-based pricing [2] - The company has a nuclear capacity of approximately 22.2 gigawatts, positioning it as the top nuclear energy provider in the U.S., which is crucial as demand for consistent power rises due to the AI boom [3] Group 2: Financial Performance and Strategy - The recent acquisition of Calpine for $26.6 billion is expected to add around 25 gigawatts of gas generation capacity and generate an additional $2 billion in annual free cash flow [3] - Constellation Energy initiated dividends in 2022 and has consistently raised its payouts, currently offering a quarterly dividend of $0.3878 per share, resulting in a dividend yield of 0.40% as of October 9 [4]