FirstEnergy Corp As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
FE $1.64 5.1% 0.0% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Electric Utility 4.7% 1 1.5% Quarter 1998
FirstEnergy Corp hikes dividend by 5.1% to $0.41 quarterly per share

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
© 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.