PSEG Declares Regular Quarterly Dividend For Third Quarter Of 2020

Rhea-AI Summary

The Board of Directors of Public Service Enterprise Group (NYSE:PEG) has declared a $0.49 per share dividend for the third quarter of 2020. This dividend is payable on or before September 30, 2020, to shareholders on record by September 9, 2020. This announcement reflects the company's commitment to returning value to shareholders amidst ongoing market challenges. The company encourages investors to stay updated through their corporate website and highlights the potential risks in forward-looking statements.

Positive

• $0.49 per share dividend for Q3 2020.
• Dividend payment date set for September 30, 2020.
• Demonstrates commitment to shareholder returns.

Negative

• Potential risks indicated in forward-looking statements.
• Market uncertainties could affect future results.

NEWARK, N.J., July 21, 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 third quarter of 2020.

All dividends for the third quarter are payable on or before September 30, 2020, to shareholders of record on September 9, 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 website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the corporate website to review new postings. The "Email Alerts" link at https://investor.pseg.com may be used to enroll to receive automatic email alerts regarding new postings.

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 PEG for Q3 2020?

Public Service Enterprise Group declared a dividend of $0.49 per share for the third quarter of 2020.

When is the PEG dividend payment date for Q3 2020?

The dividend for Q3 2020 is payable on or before September 30, 2020.

What is the record date for the PEG dividend in Q3 2020?

The record date for the dividend is September 9, 2020.

What are the risks associated with PEG's forward-looking statements?

Forward-looking statements may be subject to risks and uncertainties that could affect actual results.