FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
FirstEnergy Dividend Announcement
• FirstEnergy announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-07
• FirstEnergy annual dividend for 2024 was $1.68
• FirstEnergy annual dividend for 2023 was $1.58
• FirstEnergy's trailing twelve-month (TTM) dividend yield is 4.02%
• FirstEnergy's payout ratio for the trailing twelve months (TTM) is 102.34%
• FirstEnergy's dividend growth over the last five years (2018-2023) was 1.87% year
• FirstEnergy's dividend growth over the last ten years (2013-2023) was -3.26% year
FirstEnergy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $0.42 | quarterly | 2024-12-01 |
2024-08-07 | $0.42 | quarterly | 2024-09-01 |
2024-05-06 | $0.42 | quarterly | 2024-06-01 |
2024-02-06 | $0.41 | quarterly | 2024-03-01 |
2023-11-06 | $0.41 | quarterly | 2023-12-01 |
2023-08-04 | $0.39 | quarterly | 2023-09-01 |
2023-05-04 | $0.39 | quarterly | 2023-06-01 |
2023-02-06 | $0.39 | quarterly | 2023-03-01 |
2022-11-04 | $0.39 | quarterly | 2022-12-01 |
2022-08-04 | $0.39 | quarterly | 2022-09-01 |
2022-05-05 | $0.39 | quarterly | 2022-06-01 |
2022-02-04 | $0.39 | quarterly | 2022-03-01 |
2021-11-04 | $0.39 | quarterly | 2021-12-01 |
2021-08-05 | $0.39 | quarterly | 2021-09-01 |
2021-05-06 | $0.39 | quarterly | 2021-06-01 |
2021-02-04 | $0.39 | quarterly | 2021-03-01 |
2020-11-05 | $0.39 | quarterly | 2020-12-01 |
2020-08-06 | $0.39 | quarterly | 2020-09-01 |
2020-05-06 | $0.39 | quarterly | 2020-06-01 |
2020-02-06 | $0.39 | quarterly | 2020-03-01 |
2019-11-06 | $0.38 | quarterly | 2019-12-01 |
2019-08-06 | $0.38 | quarterly | 2019-09-01 |
2019-05-06 | $0.38 | quarterly | 2019-06-01 |
2019-02-06 | $0.38 | quarterly | 2019-03-01 |
2018-11-06 | $0.36 | quarterly | 2018-12-01 |
2018-08-06 | $0.36 | quarterly | 2018-09-01 |
2018-05-04 | $0.36 | quarterly | 2018-06-01 |
2018-02-06 | $0.36 | quarterly | 2018-03-01 |
2017-11-06 | $0.36 | quarterly | 2017-12-01 |
2017-08-03 | $0.36 | quarterly | 2017-09-01 |
2017-05-03 | $0.36 | quarterly | 2017-06-01 |
2017-02-03 | $0.36 | quarterly | 2017-03-01 |
2016-11-03 | $0.36 | quarterly | 2016-12-01 |
2016-08-03 | $0.36 | quarterly | 2016-09-01 |
2016-05-04 | $0.36 | quarterly | 2016-06-01 |
2016-02-03 | $0.36 | quarterly | 2016-03-01 |
2015-11-04 | $0.36 | quarterly | 2015-12-01 |
2015-08-05 | $0.36 | quarterly | 2015-09-01 |
2015-05-05 | $0.36 | quarterly | 2015-06-01 |
2015-02-04 | $0.36 | quarterly | 2015-03-01 |
2014-11-05 | $0.36 | quarterly | 2014-12-01 |
2014-08-05 | $0.36 | quarterly | 2014-09-01 |
2014-05-05 | $0.36 | quarterly | 2014-06-01 |
2014-02-05 | $0.36 | quarterly | 2014-03-01 |
2013-11-05 | $0.55 | quarterly | 2013-12-01 |
2013-08-05 | $0.55 | quarterly | 2013-09-01 |
2013-05-03 | $0.55 | quarterly | 2013-06-01 |
2013-02-05 | $0.55 | quarterly | 2013-03-01 |
FirstEnergy Dividend per year
FirstEnergy Dividend growth
FirstEnergy Dividend Yield
FirstEnergy current trailing twelve-month (TTM) dividend yield is 4.02%. Interested in purchasing FirstEnergy stock? Use our calculator to estimate your expected dividend yield:
FirstEnergy Financial Ratios
FirstEnergy Dividend FAQ
Other factors to consider when evaluating FirstEnergy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: FirstEnergy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, FirstEnergy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, FirstEnergy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from FirstEnergy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: FirstEnergy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, FirstEnergy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: FirstEnergy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of FirstEnergy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review FirstEnergy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.