Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States. It operates through two segments, PSE&G and PSEG Power. The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs. As of December 31, 2021, it had electric transmission and distribution system of 25,000 circuit miles and 862,000 poles; 56 switching stations with an installed capacity of 39,353 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,285 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.
Public Service Enterprise Dividend Announcement
• Public Service Enterprise announced a quarterly dividend of $0.60 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-09
• Public Service Enterprise annual dividend for 2024 was $1.80
• Public Service Enterprise annual dividend for 2023 was $2.28
• Public Service Enterprise 's trailing twelve-month (TTM) dividend yield is 3.63%
• Public Service Enterprise 's payout ratio for the trailing twelve months (TTM) is 70.62%
• Public Service Enterprise 's dividend growth over the last five years (2018-2023) was 4.84% year
• Public Service Enterprise 's dividend growth over the last ten years (2013-2023) was 4.70% year
Public Service Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | $0.60 | quarterly | 2024-09-30 |
2024-06-07 | $0.60 | quarterly | 2024-06-28 |
2024-03-07 | $0.60 | quarterly | 2024-03-29 |
2023-12-07 | $0.57 | quarterly | 2023-12-29 |
2023-09-07 | $0.57 | quarterly | 2023-09-29 |
2023-06-08 | $0.57 | quarterly | 2023-06-30 |
2023-03-09 | $0.57 | quarterly | 2023-03-31 |
2022-12-08 | $0.54 | quarterly | 2022-12-30 |
2022-09-08 | $0.54 | quarterly | 2022-09-30 |
2022-06-08 | $0.54 | quarterly | 2022-06-30 |
2022-03-09 | $0.54 | quarterly | 2022-03-31 |
2021-12-08 | $0.51 | quarterly | 2021-12-31 |
2021-09-07 | $0.51 | quarterly | 2021-09-30 |
2021-06-07 | $0.51 | quarterly | 2021-06-30 |
2021-03-08 | $0.51 | quarterly | 2021-03-31 |
2020-12-09 | $0.49 | quarterly | 2020-12-31 |
2020-09-08 | $0.49 | quarterly | 2020-09-30 |
2020-06-08 | $0.49 | quarterly | 2020-06-30 |
2020-03-09 | $0.49 | quarterly | 2020-03-31 |
2019-12-09 | $0.47 | quarterly | 2019-12-31 |
2019-09-06 | $0.47 | quarterly | 2019-09-30 |
2019-06-06 | $0.47 | quarterly | 2019-06-28 |
2019-03-07 | $0.47 | quarterly | 2019-03-29 |
2018-12-06 | $0.45 | quarterly | 2018-12-31 |
2018-09-06 | $0.45 | quarterly | 2018-09-28 |
2018-06-07 | $0.45 | quarterly | 2018-06-29 |
2018-03-07 | $0.45 | quarterly | 2018-03-30 |
2017-12-07 | $0.43 | quarterly | 2017-12-29 |
2017-09-07 | $0.43 | quarterly | 2017-09-29 |
2017-06-07 | $0.43 | quarterly | 2017-06-30 |
2017-03-08 | $0.43 | quarterly | 2017-03-31 |
2016-12-07 | $0.41 | quarterly | 2016-12-30 |
2016-09-07 | $0.41 | quarterly | 2016-09-30 |
2016-06-07 | $0.41 | quarterly | 2016-06-30 |
2016-03-08 | $0.41 | quarterly | 2016-03-31 |
2015-12-07 | $0.39 | quarterly | 2015-12-31 |
2015-09-04 | $0.39 | quarterly | 2015-09-30 |
2015-06-05 | $0.39 | quarterly | 2015-06-30 |
2015-03-06 | $0.39 | quarterly | 2015-03-31 |
2014-12-08 | $0.37 | quarterly | 2014-12-31 |
2014-09-03 | $0.37 | quarterly | 2014-09-30 |
2014-06-04 | $0.37 | quarterly | 2014-06-30 |
2014-03-05 | $0.37 | quarterly | 2014-03-31 |
2013-12-04 | $0.36 | quarterly | 2013-12-31 |
2013-09-04 | $0.36 | quarterly | 2013-09-30 |
2013-06-05 | $0.36 | quarterly | 2013-06-28 |
2013-03-06 | $0.36 | quarterly | 2013-03-29 |
Public Service Enterprise Dividend per year
Public Service Enterprise Dividend growth
Public Service Enterprise Dividend Yield
Public Service Enterprise current trailing twelve-month (TTM) dividend yield is 3.63%. Interested in purchasing Public Service Enterprise stock? Use our calculator to estimate your expected dividend yield:
Public Service Enterprise Financial Ratios
Public Service Enterprise Dividend FAQ
Other factors to consider when evaluating Public Service Enterprise 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: Public Service Enterprise '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, Public Service Enterprise 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, Public Service Enterprise 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 Public Service Enterprise 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: Public Service Enterprise 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, Public Service Enterprise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Public Service Enterprise 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 Public Service Enterprise '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 Public Service Enterprise '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.