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Public Service Enterprise Group (PEG) Dividend Yield, Date & History

Public Service Enterprise Group logo
$85.06 +1.87 (+2.25%)
(As of 12/20/2024 05:31 PM ET)
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Public Service Enterprise Group Dividend Summary

Dividend Yield
2.82%
Annual Dividend
$2.40
Next
Dividend Payment
Dec. 31
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
5.17%
Dividend Payout Ratio
58.97%

Public Service Enterprise Group (PEG) pays an annual dividend of $2.40 per share, with a dividend yield of 2.82%. The next quarterly payment of $0.60 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Tuesday, December 10. PEG has grown its dividend for 13 consecutive years, with an average annual increase of 1.69%. The company currently pays out 58.97% of its earnings and 38.74% of its cash flow as dividends.

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PEG Dividend Payments by Quarter

The chart below displays up to four years of Public Service Enterprise Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PEG Dividend Yield Over Time

The chart below tracks Public Service Enterprise Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Public Service Enterprise Group vs. The Competition

Compare Public Service Enterprise Group's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypePublic Service Enterprise GroupUtilities CompaniesNYSE Companies
Annual Dividend$2.40$0.04$1.39
Dividend Yield2.82%4.12%3.62%
Annualized 3-Year Dividend Growth5.17%1.19%15.78%
Track Record13 years28 years24 years

Public Service Enterprise Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings58.97%
Based on This Year's Estimate65.40%
Based on Next Year's Estimate59.55%
Based on Cashflow38.74%

Public Service Enterprise Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/19/2024quarterly$0.60 - 2.68%12/10/202412/10/202412/31/2024
7/15/2024quarterly$0.60 - 3.21%9/9/20249/9/20249/30/2024
4/16/2024quarterly$0.60 - 3.7%6/7/20246/7/20246/28/2024
2/13/2024quarterly$0.60+$0.03
5.26%		4.11%3/7/20243/8/20243/29/2024
11/21/2023quarterly$0.57 - 3.56%12/7/202312/8/202312/29/2023
7/17/2023quarterly$0.57 - 3.61%9/7/20239/8/20239/29/2023
4/18/2023quarterly$0.57 - 3.6%6/8/20236/9/20236/30/2023
2/14/2023quarterly$0.57+$0.03
5.56%		3.75%3/9/20233/10/20233/31/2023

This table shows Public Service Enterprise Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Public Service Enterprise Group Dividend - Frequently Asked Questions

The current dividend yield for Public Service Enterprise Group is 2.82%. Learn more on PEG's dividend yield history.

The annual dividend for PEG shares is $2.40. Learn more on PEG's annual dividend history.

Public Service Enterprise Group pays quarterly dividends to shareholders.

Public Service Enterprise Group's next quarterly dividend payment of $0.60 per share will be made to shareholders on Tuesday, December 31, 2024.

Public Service Enterprise Group's most recent quarterly dividend payment of $0.60 per share was made to shareholders on Monday, September 30, 2024.

Public Service Enterprise Group's most recent ex-dividend date was Tuesday, December 10, 2024.

Over the past three years, the company's dividend has grown by an average of 5.17% per year.

Public Service Enterprise Group has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.03 on Tuesday, February 13, 2024.

The dividend payout ratio for PEG is:
  • 58.97% based on the trailing year of earnings
  • 65.40% based on this year's estimates
  • 59.55% based on next year's estimates
  • 38.74% based on cash flow

Public Service Enterprise Group's dividend yield of 2.79% is lower than the average Utilities company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Public Service Enterprise Group's dividend payout ratio of 58.97% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Public Service Enterprise Group stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.

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This page (NYSE:PEG) was last updated on 12/22/2024 by MarketBeat.com Staff
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