FirstEnergy Corporation (NYSE:FE) to Issue Quarterly Dividend of $0.47

FirstEnergy Corporation (NYSE:FE) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Friday, August 7th will be given a dividend of 0.465 per share by the utilities provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, August 7th.

FirstEnergy has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 3 years. FirstEnergy has a dividend payout ratio of 68.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect FirstEnergy to earn $2.95 per share next year, which means the company should continue to be able to cover its $1.86 annual dividend with an expected future payout ratio of 63.1%.

FirstEnergy Trading Up 1.8%

Shares of FE opened at $49.28 on Thursday. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 1.87. FirstEnergy has a 12-month low of $41.03 and a 12-month high of $52.34. The firm has a market capitalization of $28.51 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 2.32 and a beta of 0.47. The stock’s fifty day simple moving average is $46.99 and its 200-day simple moving average is $48.06.

FirstEnergy (NYSE:FE) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.72 EPS for the quarter, hitting analysts’ consensus estimates of $0.72. The firm had revenue of $4.20 billion during the quarter, compared to analyst estimates of $3.80 billion. FirstEnergy had a return on equity of 10.66% and a net margin of 6.86%.The company’s revenue was up 11.6% on a year-over-year basis. During the same period last year, the company earned $0.67 earnings per share. FirstEnergy has set its FY 2026 guidance at 2.620-2.820 EPS. As a group, research analysts predict that FirstEnergy will post 2.74 earnings per share for the current year.

FirstEnergy Company Profile

FirstEnergy Corp. (NYSE: FE) is a U.S.-based electric utility holding company headquartered in Akron, Ohio. The company’s primary business is the delivery of electricity through its regulated transmission and distribution utilities, serving residential, commercial and industrial customers across parts of the Midwest and Mid‑Atlantic. FirstEnergy’s service territory includes states such as Ohio, Pennsylvania, New Jersey, Maryland and West Virginia, and it operates primarily within the PJM regional transmission organization.

FirstEnergy’s core activities center on owning and operating electric distribution networks and transmission systems, maintaining and upgrading grid infrastructure, managing storm response and restoration, and offering customer programs that include energy efficiency and reliability services.