UPDATE: Public Service Enterprise (PEG) Raises Quarterly Dividend 4.1% to $0.51; 3.5% Yield

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PSEG Increases Common Stock Dividend

February 16, 2021 11:33 AM EST

NEWARK, N.J., Feb. 16, 2021 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a quarterly common stock dividend for the first quarter of 2021 of $0.51 per share payable on March 31, 2021 to shareholders of record on March 9, 2021. This action represents a $0.02 per share, or 4.1% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $2.04 per share.

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