FirstEnergy Corp. Increases Dividend to $1.78 Per Share for 2025
The Board of Directors of FirstEnergy Corp. (NYSE: FE) has declared a quarterly dividend of $0.445 per share of outstanding common stock, payable on June 1, 2025. This marks the third dividend increase since September 2023, reflecting the company’s commitment to delivering shareholder value. Brian X. Tierney, Board Chair, President, and CEO, stated that the goal is to reward shareholders with dividends reflecting earnings growth and a target payout ratio of 60 to 70 percent of Core earnings.
Pending continued Board approval, FirstEnergy expects to declare dividends totaling $1.78 per share in 2025, compared to $1.70 per share in 2024. This represents an increase of more than 11% in annual dividend declarations since 2023. The company is dedicated to integrity, safety, reliability, and operational excellence, serving over 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York.
FirstEnergy’s transmission subsidiaries operate approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions. The company’s commitment to environmental, social, and governance matters, along with its strategic and financial goals, positions it for continued success.
The news release includes forward-looking statements based on current information available to management. Readers are cautioned not to place undue reliance on these statements, which include declarations regarding management’s intents, beliefs, and expectations. Factors such as government investigations, regulatory actions, changes in economic conditions, weather events, and cybersecurity threats could impact future results.
In conclusion, FirstEnergy’s dividend increase for 2025 reflects its commitment to shareholder value and financial growth. The company’s focus on operational excellence, regulatory compliance, and strategic goals positions it for continued success in the industry. Stay informed about FirstEnergy’s progress and future developments by following the company online.
