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Stock impact report

FirstEnergy Raises Shareholders Values, Increases Dividend 4.7% [Yahoo! Finance]

FirstEnergy Corp. (FE) 
Last firstenergy corp. earnings: 4/23 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstenergycorp.com
Company Research Source: Yahoo! Finance
The revised quarterly dividend will be 44.50 cents, payable June 1, 2025, to its shareholders of record at the close of business on March 9. The company's new annualized dividend rate is $1.78 and the current dividend yield is 4.49%, which is better than the S&P 500 composite's average of 1.57%. FirstEnergy's efforts to expand its regulated generation mix provided stability to its earnings trajectory. In the last few years, FE witnessed a successful broadening of regulated operations and a complete transition to become a fully-regulated utility company. FirstEnergy is gaining from improving economic conditions and rising demand from commercial and industrial groups compared with last year. The company's strategic investment will help it serve six million customers more efficiently. FirstEnergy's ‘Energize365' is a multi-year grid evolution platform, focused on enhancing customer experience while maintaining strong affordability position with rates at or below its in-state peers. Show less Read more
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