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PSEG Declares Regular Quarterly Dividend For Fourth Quarter Of 2020

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The Board of Directors of Public Service Enterprise Group (NYSE:PEG) declared a $0.49 per share dividend for Q4 2020. This dividend will be payable on or before December 31, 2020, to shareholders on record as of December 10, 2020. The announcement reflects the company's commitment to returning value to shareholders amidst ongoing operational adjustments and market dynamics.

Positive
  • Dividend of $0.49 per share declared for Q4 2020.
  • Payment reflects a commitment to shareholder returns.
Negative
  • None.

NEWARK, N.J., Nov. 17, 2020 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.49 per share dividend on the outstanding common stock of the company for the fourth quarter of 2020.

All dividends for the fourth quarter are payable on or before December 31, 2020, to shareholders of record on December 10, 2020.                                                     

Forward-Looking Statement

The statements contained in this press release that are not purely historical are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently available to management. Factors that may cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are discussed in our Annual Report on Form 10-K and subsequent reports on Form 10-Q and Form 8-K filed with the Securities and Exchange Commission (SEC), and available on our website: https://investor.pseg.com. All of the forward-looking statements made in this press release are qualified by these cautionary statements and we cannot assure you that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these forward-looking statements in making any investment decision. Forward-looking statements made in this press release apply only as of the date hereof. While we may elect to update forward-looking statements from time to time, we specifically disclaim any obligation to do so, even in light of new information or future events, unless otherwise required by applicable securities laws.

From time to time, PSEG, PSE&G and PSEG Power release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations website to review new postings.  You can also use the "Email Alerts" link at https://investor.pseg.com to sign up for automatic email alerts regarding new postings.

CONTACTS:


Investor Relations

Media Relations

Carlotta Chan

Jim Namiotka

973-430-6565

215-896-1511

Carlotta.Chan@pseg.com 

James.Namiotka@pseg.com

 

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SOURCE PSEG

FAQ

What is the dividend amount declared by PEG for Q4 2020?

The dividend amount declared by PEG for Q4 2020 is $0.49 per share.

When will the PEG dividend be paid?

The PEG dividend will be paid on or before December 31, 2020.

What is the record date for the PEG dividend?

The record date for the PEG dividend is December 10, 2020.

How often does PEG declare dividends?

PEG typically declares dividends on a quarterly basis.

Is PEG's dividend sustainable?

Sustainability of PEG's dividend is subject to the company's financial performance and market conditions.

Public Service Enterprise Group Incorporated

NYSE:PEG

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1.07%
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