PEG Public Service Enterprise Group dividend history, payout ratio & dates
Public Service Enterprise Group's latest dividend was on Sep 9, 2024 (ex-date) with a payout of $0.6 per share. On an annualized basis, the company has a current payout of $2.37 per share. This brings the dividend yield to 2.69% based on its recent close price.
Key dates
- PEG last dividend date: Sep 9, 2024
PEG dividend stats
vs. Utilities sector
Dividend yield
Public Service Enterprise Group's dividend yield of 2.69% is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 3.19%, Public Service Enterprise Group's dividend yield is 16% lower. The historical 5-year average of PEG's dividend yield is 3.4%, which is higher than the current one.
Dividend history
Public Service Enterprise Group has been paying dividends since 1994. PEG has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 5% since twelve months ago. But with the price of the stock up by 47% from a year ago, the dividend yield has a decrease of 28%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 9, 2024 | $0.6 | 2.95% |
| Jun 7, 2024 | $0.6 | 3.21% |
| Mar 7, 2024 | $0.6 | 3.54% |
| Dec 7, 2023 | $0.57 | 3.65% |
| Sep 7, 2023 | $0.57 | 3.74% |
| Jun 8, 2023 | $0.57 | 3.57% |
| Mar 9, 2023 | $0.57 | 3.79% |
| Dec 8, 2022 | $0.54 | 3.6% |
| Sep 8, 2022 | $0.54 | 3.14% |
| Jun 8, 2022 | $0.54 | 3.13% |
| Mar 9, 2022 | $0.54 | 3.14% |
| Dec 8, 2021 | $0.51 | 3.19% |
| Sep 7, 2021 | $0.51 | 3.21% |
| Jun 7, 2021 | $0.51 | 3.29% |
| Mar 8, 2021 | $0.51 | 3.47% |
| Dec 9, 2020 | $0.49 | 3.45% |
| Sep 8, 2020 | $0.49 | 3.73% |
| Jun 8, 2020 | $0.49 | 3.46% |
| Mar 9, 2020 | $0.49 | 3.74% |
| Dec 9, 2019 | $0.47 | 3.25% |
| Sep 6, 2019 | $0.47 | 3.08% |
| Jun 6, 2019 | $0.47 | 3.05% |
| Mar 7, 2019 | $0.47 | 3.08% |
| Dec 6, 2018 | $0.45 | 3.26% |
| Sep 6, 2018 | $0.45 | 3.35% |
| Jun 7, 2018 | $0.45 | 3.46% |
| Mar 7, 2018 | $0.45 | 3.75% |
| Dec 7, 2017 | $0.43 | 3.31% |
| Sep 7, 2017 | $0.43 | 3.69% |
| Jun 7, 2017 | $0.43 | 3.77% |
| Mar 8, 2017 | $0.43 | 3.78% |
| Dec 7, 2016 | $0.41 | 3.94% |
| Sep 7, 2016 | $0.41 | 3.82% |
| Jun 7, 2016 | $0.41 | 3.62% |
| Mar 8, 2016 | $0.41 | 3.52% |
| Dec 7, 2015 | $0.39 | 4.1% |
| Sep 4, 2015 | $0.39 | 4.01% |
| Jun 5, 2015 | $0.39 | 3.76% |
| Mar 6, 2015 | $0.39 | 3.79% |
Public Service Enterprise Group dividend payout ratio
Payout ratio
Public Service Enterprise Group's payout ratio of 71.6% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 62.3%, Public Service Enterprise Group's payout ratio is 15% higher.
Total amount of dividends paid per financial year (from cash flow)
PEG dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FE Firstenergy Corp | 3.95% | $1.67 | 107.7% |
| EXC Exelon Corp | 3.75% | $1.5 | 61.7% |
| DUK Duke Energy CORP | 3.6% | $4.12 | 75.9% |
| XEL Xcel Energy Inc | 3.44% | $2.16 | 64.6% |
| ED Consolidated Edison Inc | 3.21% | $3.3 | 63.8% |
| SO Southern Co | 3.17% | $2.84 | 67.5% |
| PPL PPL Corp | 3.14% | $1.01 | 88.9% |
| AEE Ameren Corp | 3.05% | $2.64 | 59.6% |
| UTL Unitil Corp | 2.89% | $1.68 | 55.6% |
| PEG Public Service Enterprise Group Inc | 2.68% | $2.37 | 71.6% |
| NRG Nrg Energy Inc | 1.79% | $1.6 | 17.3% |
Frequently asked questions
Does Public Service Enterprise Group pay a dividend?
Yes, Public Service Enterprise Group has paid four dividends in the last twelve months. PEG has been paying dividends since 1994.
When was PEG's last dividend?
Public Service Enterprise Group's last dividend ex-date was on Sep 9, 2024. The dividend amount was $0.6 per share.
How much dividend does Public Service Enterprise Group pay (per share)?
PEG has paid dividend of $2.37 per share in the last year.
What is Public Service Enterprise Group's dividend yield?
The current dividend yield of Public Service Enterprise Group is 2.69%.
How often does Public Service Enterprise Group pay dividends?
Public Service Enterprise Group has a quarterly dividend frequency.
What is Public Service Enterprise Group's dividend payout ratio?
The dividend payout ratio of Public Service Enterprise Group is 71.6%.
Does Public Service Enterprise Group pay a good dividend?
Public Service Enterprise Group's dividend yield is lower than the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.