PSEG Announces $0.63 Dividend, Reinforcing Commitment to Sustainable Energy and Shareholder Returns
- PSEG declares a third-quarter dividend of $0.63 per share, highlighting its commitment to shareholder returns and operational stability.
- The company operates 3,758 megawatts of carbon-free nuclear power, aligning with its sustainable energy vision.
- PSEG is recognized on the S&P 500 and Dow Jones Sustainability Index, reflecting its commitment to sustainability and corporate responsibility.
PSEG Declares Third-Quarter Dividend Amid Sustainable Energy Commitment
Public Service Enterprise Group (PSEG) announces a third-quarter dividend of $0.63 per share, reaffirming its commitment to shareholder returns and operational stability. This dividend, set to benefit shareholders of record by September 9, 2025, demonstrates PSEG's robust financial health and strategic focus on sustainable energy production. As a significant player in the regulated utility sector, PSEG serves approximately 2.4 million electric and 1.9 million natural gas customers in New Jersey, highlighting its importance in regional energy infrastructure.
PSEG operates a diverse energy portfolio, including 3,758 megawatts of carbon-free, baseload nuclear power generation facilities across New Jersey and Pennsylvania. This focus on low-emission energy sources aligns with the company’s "Powering Progress" vision, which aims to reduce overall energy consumption and enhance the reliability and safety of energy delivery. By investing in sustainable practices, PSEG not only meets the growing demand for cleaner energy but also positions itself as a leader in environmental stewardship within the energy sector.
As a member of the S&P 500 Index and a consistent recognized entity on the Dow Jones Sustainability North America Index for 17 consecutive years, PSEG underscores its commitment to sustainability and corporate responsibility. The company’s forward-looking statements emphasize potential risks and uncertainties, encouraging stakeholders to stay informed through regular updates in their Annual Report and SEC filings. This proactive communication strategy reflects PSEG's dedication to transparency and responsible governance, further solidifying its reputation in the industry.
In addition to its dividend announcement, PSEG's strategic initiatives continue to focus on enhancing customer service and operational efficiency. The company encourages stakeholders to explore its investor relations website for more detailed insights into its ongoing projects and sustainability efforts. This approach ensures that PSEG remains not only a utility provider but also a trusted partner in the communities it serves.
