PSEG Declares Regular Quarterly Dividend For Second Quarter Of 2021

Rhea-AI Summary

The Board of Directors of Public Service Enterprise Group (NYSE: PEG) has declared a quarterly dividend of $0.51 per share for Q2 2021. This dividend will be paid to shareholders on or before June 30, 2021, with a record date of June 8, 2021. The announcement reflects the company's commitment to returning value to shareholders amidst its ongoing operations in the energy sector.

Positive

• Quarterly dividend of $0.51 per share declared, indicating a commitment to shareholder returns.

Negative

• None.

NEWARK, N.J., April 20, 2021 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.51 per share dividend on the outstanding common stock of the company for the second quarter of 2021.

All dividends for the second quarter are payable on or before June 30, 2021, to shareholders of record on June 8, 2021.

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 sign up for automatic email alerts regarding new postings at the bottom of the webpage at https://investor.pseg.com.

CONTACTS:
Investor Relations	Media Relations
Carlotta Chan	Marijke Shugrue
973-430-6565	908-531-4253
Carlotta.Chan@pseg.com	Marijke.Shugrue@pseg.com

 

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SOURCE PSEG

FAQ

What is the dividend amount declared by Public Service Enterprise Group (PEG)?

Public Service Enterprise Group (NYSE: PEG) declared a dividend of $0.51 per share.

When will the dividend for PEG be paid?

The dividend will be paid on or before June 30, 2021.

What is the record date for the PEG dividend?

The record date for the dividend is June 8, 2021.

Is the dividend from PEG sustainable?

The sustainability of PEG's dividend depends on its ongoing financial performance and market conditions.