Public Service Enterprise (PEG) Raises Quarterly Dividend 5.1% to $0.41; 3.9% Yield

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Go back to Public Service Enterprise (PEG) Raises Quarterly Dividend 5.1% to $0.41; 3.9% Yield

PSEG Increases Common Stock Dividend

February 16, 2016 12:12 PM EST

NEWARK, N.J., Feb. 16, 2016 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a quarterly common stock dividend for the first quarter of 2016 of $0.41 per share, raising the Company's quarterly common stock dividend by 5.1%, or $0.02 per outstanding share of the Company's common stock. The increase in the quarterly dividend brings the indicative annual dividend rate to $1.64 per share.

The Board declared that the common stock dividend is payable March 31, 2016 to... More