PSEG Increases 2025 Common Stock Dividend
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Public Service Enterprise Group (PSEG) announced a 5% increase in its annual dividend rate to $2.52 per share, marking its 118th year of paying dividends. The quarterly dividend of $0.63 per share for Q1 2025 will be paid by March 31, 2025.
February 11, 2025 | 3:00 pm
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PSEG has increased its annual dividend rate by 5% to $2.52 per share, continuing its long history of dividend payments. This move is likely to attract income-focused investors.
The increase in the dividend rate is a positive signal to investors, indicating financial stability and a commitment to returning value to shareholders. This is likely to attract income-focused investors, potentially boosting the stock price in the short term.
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