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Public Service Enterprise Group Incorporated Dividends Banner

Public Service Enterprise Group Incorporated Dividends

PEG Stock Analysis

Page title

Section title

Dividend Yield
2.85%
Payout Ratio
70.48%
Dividend Amount Per Share
$2.34
Last Ex-Dividend Date
Sep 09, 2024

PEG Dividend Safety

PEG paid out 70.48% of its $3B earnings as dividends over the last 12 months.

Very Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

PEG's Dividend Payout Ratio of 70.482% is considered safe for the Utilities sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

PEG's Interest Coverage Ratio of 3.062 indicates strong financial health with easy coverage of interest expenses.

Income Quality

PEG shows excellent income quality with a ratio of 1.485. This indicates high-quality earnings and low risk of dividend cuts.

PEG Dividend Growth

Public Service Enterprise Group Incorporated(PEG) offers a dividend yield of 2.85% and pays $2.34 in dividends per share. Explore the historical dividend growth of PEG.

Dividend Stability

PEG has maintained stable dividend payments over the past 10 years with no cuts over 5%.

Dividend Growth

PEG's dividend payments have shown moderate growth, growing by 5.005% annually over the last 5 years.

Earnings Growth

PEG's earnings have grown by 8.647% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

PEG Dividend Yield Attractiveness

Public Service Enterprise Group Incorporated(PEG) provides a dividend yield of 2.85%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

PEG

Peers

Sector

Industry

2.85%

3.56%

4.63%

4.70%

Dividend Yield

PEG's dividend yield of 2.85% is considered good compared to the sector average of 4.629%, providing a strong safety margin for investors.

PEG Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Public Service Enterprise Group Incorporated. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.