FirstEnergy cuts dividend by 34.5 percent in 2014 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
FirstEnergy Corp As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
FirstEnergy Corp As of October 10, 2023	FE	$1.64	5.1%	0.0%	0.0%
Electric Utility	4.7%	1	1.5%	Quarter	1998

FirstEnergy cuts dividend by 34.5%

Wednesday 22 January 2014

FirstEnergy Corp (FE) will lower its quarterly dividend by 34.5 percent to $0.36 per share.The new dividend will be payable on March 1, 2014, to shareholders of record on February 7, 2014. The last time that the electric utility hiked its quarterly dividend was back in 2010.

FirstEnergy Corp. is an electric company, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. FirstEnergy's electric companies are Ohio Edison, The Illuminating Company, Toledo Edison, Met-Ed, Penelec, Penn Power, West Penn Power, Jersey Central Power & Light, Mon Power and Potomac Edison. The company's transmission subsidiaries operate more than 24,500 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. FirstEnergy Corp. was formed in 1997 through the merger of Ohio Edison Company and Centerior Energy Corporation.

FirstEnergy Corp

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