Public Service Enterprise (PEG) Raises Annual Dividend 4.3% to $0.49; 0.8% Yield

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Go back to Public Service Enterprise (PEG) Raises Annual Dividend 4.3% to $0.49; 0.8% Yield

PSEG Increases Common Stock Dividend

February 18, 2020 12:11 PM EST

NEWARK, N.J., Feb. 18, 2020 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a quarterly common stock dividend for the first quarter of 2020 of $0.49 per share payable on March 31, 2020 to shareholders of record on March 10, 2020. This action represents a $0.02 per share, or 4.3% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $1.96 per share.

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