PSEG Announces Quarterly Dividend Declaration for Q2 2025 Shareholders

PSEG Quarterly Dividend Announcement

On April 22, 2025, the Board of Directors of Public Service Enterprise Group (PSEG), listed on the NYSE under the ticker symbol PEG, announced a quarterly dividend of $0.63 per share for the second quarter of 2025. This decision highlights the company's ongoing commitment to providing value to its shareholders.

The declared dividends are set to be distributed on or before June 30, 2025, to those shareholders who are on the record as of June 9, 2025. This timing ensures that shareholders receive their returns promptly while reinforcing PSEG's strategy of consistent shareholder rewards amidst changing market conditions.

About PSEG

Public Service Enterprise Group, a leading infrastructure company, is primarily recognized for operating the largest utility in New Jersey, serving around 2.4 million electric customers and approximately 1.9 million natural gas customers. PSEG is not only focused on providing reliable energy but is also dedicated to transitioning towards cleaner energy sources. The company operates a significant fleet of baseload nuclear power units, totaling 3,758 megawatts, located in New Jersey and Pennsylvania that produce carbon-free electricity.

Guided by its initiative known as "Powering Progress," PSEG envisions a future where energy consumption is minimized, and the energy supplied is cleaner, safer, and more reliable than ever before. The company's efforts have earned it a spot in the S&P 500 index and recognition in the Dow Jones Sustainability North America Index for 17 consecutive years, reflecting its commitment to sustainability and community welfare.

Despite fluctuating conditions in the energy market, PSEG remains steadfast in its mission and values. The recent dividend declaration underscores management’s confidence in the sustainability and resilience of the business, providing a reassuring signal to investors regarding future profitability.

Market Context and Forward-Looking Statements

The dividend announcement comes during a time when many companies are navigating various economic uncertainties. PSEG’s strategic decisions reveal a robust operational framework prepared to adapt to potential changes in the market landscape. Management has expressed that factors such as energy demand trends, regulatory changes, and environmental considerations can pose risks to future performance. These forward-looking statements convey a sense of cautious optimism, suggesting that while the company commits to shareholder returns, investors are encouraged to maintain an informed perspective regarding potential fluctuations.

Investors keen on tracking PSEG’s financial health and future announcements may visit the company's Investor Relations page for updates and insights. Furthermore, PSEG emphasizes the importance of registering for their email alerts to receive timely information regarding corporate developments directly.

In conclusion, as PSEG moves forward with its operations, it continues to prioritize both sustainable energy development and shareholder satisfaction, setting an example in the utility sector. The company's planned dividend delivery not only reflects its current positive outlook but also reinforces its dedication to long-term growth and market stewardship.