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Public Service Enterprise Group Incorporated (PEG) logo

Public Service Enterprise Group Incorporated

S&P 500
PEG|Utilities|Utilities - Regulated Electric|$77.13|P/E 17.1|MCap 38.4B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

65/ 100Safe

PEG's dividend appears safe and well-supported. Strengths include a 56.6% earnings payout ratio & 36.3% cfo payout ratio. Areas of concern: 4838.5% fcf payout ratio & 1.0x current ratio. The dividend has been growing at a 5.15% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 56.6%Low earnings payout ratio leaves room to grow the dividend.
  • Operating Margin: 28.4%Healthy operating margin provides a wide buffer.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • FCF Payout Ratio: 4838.5%Free cash flow is tight relative to the dividend.
  • Current Ratio: 1.0xLimited short-term liquidity to meet obligations.
  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Caution
Earnings Payout Ratio
56.6%Very Safe
FCF Payout Ratio
4838.5%Danger
CFO Payout Ratio
36.3%Safe
Interest Coverage
3.5xCaution

Balance Sheet

Caution
Net Debt / Total Assets
41.8%Caution
Current Ratio
1.0xWarning
Debt-to-Equity
141.0Safe

Profitability

Safe
Return on Equity
13.4%Safe
Operating Margin
28.4%Very Safe
Gross Margin
36.5%Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
5.1%Safe
Earnings Stability
Mostly StableCaution

About Public Service Enterprise Group Incorporated

Public Service Enterprise Group Incorporated is a diversified energy company operating primarily in the regulated utility and power generation sectors. Its core subsidiary, Public Service Electric and Gas Company (PSE&G), delivers electricity and natural gas services across a broad corridor in New Jersey, serving urban, suburban, and rural communities through extensive transmission and distribution networks. The company also manages PSEG Power, encompassing nuclear, fossil, energy resources, and trading operations that support wholesale energy supply. Additionally, PSEG Long Island provides electricity to customers in Nassau, Suffolk counties, and parts of Queens under a contractual arrangement with the Long Island Power Authority. Public Service Enterprise Group Incorporated emphasizes energy efficiency programs, infrastructure investments, and clean energy initiatives, contributing to regional power reliability and sustainability efforts. Founded in 1985 and headquartered in Newark, New Jersey, it plays a vital role in the northeastern U.S. energy market by integrating regulated utility services with competitive power generation.

Dividend Overview

Dividend Yield

3.32%

Annual Dividend

$2.56

Frequency

Quarterly

Payout Ratio

56.64%

FCF Payout Ratio

4838.46%

Stock Price

$77.13

52-Week Range

$76.00 $91.26

Dividend History (2016–2025)

PEG annual dividend per share and yield history

Earnings & Profitability

PEG earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 9, 2026

Next Payment Date

June 30, 2026

Dividend Growth

3-Year Dividend CAGR

5.27%

5-Year Dividend CAGR

5.15%

10-Year Dividend CAGR

4.91%

3-Year Total Growth

16.67%

5-Year Total Growth

28.57%

10-Year Total Growth

61.54%

Income Calculator

PEG Dividend Calculator

Total Investment

$7,713.00

Annual Income

$256.00

Quarterly Income

$64.00

Monthly Income

$21.33

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Frequently Asked Questions

What is PEG's current dividend yield?
Public Service Enterprise Group Incorporated (PEG) currently has a dividend yield of 3.32%, based on a stock price of $77.13 and an annual dividend of $2.56.
When is PEG's next dividend payment date?
PEG's next ex-dividend date is 2026-06-09 and the next payment date is 2026-06-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does PEG pay in dividends per year?
Public Service Enterprise Group Incorporated paid $2.52 per share in annual dividends in 2025. The dividends are paid quarterly.
Has PEG been increasing its dividend?
Public Service Enterprise Group Incorporated has grown its dividend at a 5-year CAGR of 5.15% and a 10-year CAGR of 4.91%.
Is PEG's dividend safe?
Public Service Enterprise Group Incorporated has a payout ratio of 56.64%. Its free cash flow payout ratio is 4838.46%. A payout ratio below 60% is generally considered sustainable.
How is PEG's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Public Service Enterprise Group Incorporated's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.