Public Service Enterprise Raises Quarterly Dividend by 5%

Dow Jones

2025/02/11

By Colin Kellaher

Public Service Enterprise Group's board has raised the utility holding company's quarterly dividend by 5%, to 63 cents from 60 cents.

The new payout, equal to $2.52 a year, represents an annual yield of about 3.03% based on Tuesday's early trading price of $83.21, up from 2.88%.

The Newark, N.J., company said the increased dividend is payable March 31 to shareholders of record March 10.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 11, 2025 09:52 ET (14:52 GMT)

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