Public Service Enterprise Group Dividend
Dividend criteria checks 4/6
Public Service Enterprise Group is a dividend paying company with a current yield of 2.72% that is well covered by earnings.
Key information
2.7%
Dividend yield
71%
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €2.400 |
| Earnings per share | €3.31 |
| Dividend yield forecast | 3.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PSE's dividends per share have been stable in the past 10 years.
Growing Dividend: PSE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Public Service Enterprise Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PSE) | 2.7% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Integrated Utilities) | 5.6% |
| Analyst forecast (PSE) (up to 3 years) | 3.0% |
Notable Dividend: PSE's dividend (2.72%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: PSE's dividend (2.72%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.7%), PSE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PSE is paying a dividend but the company has no free cash flows.