On September 26, 2023, FirstEnergy Corp (FE) declared a 5.1% dividend increase to $0.41 quarterly per share. This is the first dividend hike by FE since 2019 (+2.6% hike at the time). The dividend yield for FirstEnergy is 5.0% at a stock price of $34.18.
The next dividend is payable December 1, 2023, to shareholders of record at the close of business on November 7, 2023. The next ex-dividend date for FE is November 6, 2023.
| FirstEnergy Co (FE) Dividend history & statistics | |
| Dividend paid since | 1998 |
| Track record (years increased) | 1 |
| Payment Frequency | Quarterly dividend |
| Dividend growth: 5 year CAGR | 1.5% |
| New dividend per share | $0.41 |
| Annual dividend per share | $1.64 |
| Dividend yield | 4.8% |
| Ex-dividend date | November 6, 2023 |
| Payment date | December 1, 2023 |
| Stock price | $34.18 |
| YTD Total Return | -16.0% |
| Sector | Utilities |
| © www.dividendhike.com | Data as of September 29, 2023 |
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.
2023