Public Service Enterprise Group Incorporated recently increased its quarterly dividend by 5.26%, from 57 cents to 60 cents per share. The dividend will be paid on March 29 to shareholders of record on March 8.
Public Service Enterprise Group Incorporated (PEG) recently increased its quarterly dividend by 5.26%, from 57 cents to 60 cents per share. The dividend will be paid on March 29 to shareholders of record on March 8. The ex-dividend date is March 7.
The stock's contribution to my portfolio's projected annual dividend income will increase by $36 to $720.
I own 300 shares of PEG at an average cost basis of $59.80 per share. Following this increase, my yield on cost is 4.01% (PEG's forward yield is 4.01% at $59.79 per share).
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