FirstEnergy Dividend
Dividend criteria checks 1/6
FirstEnergy is a dividend paying company with a current yield of 4.33%. Next payment date is on 1st March, 2024 with an ex-dividend date of 6th February, 2024.
Key information
4.3%
Dividend yield
164%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | 01 Mar 24 |
Ex dividend date | 06 Feb 24 |
Dividend per share | n/a |
Earnings per share | Mex$0.95 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FE *'s dividend payments have been volatile in the past 10 years.
Growing Dividend: FE *'s dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
FirstEnergy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (FE *) | 4.3% |
Market Bottom 25% (MX) | 2.2% |
Market Top 25% (MX) | 6.6% |
Industry Average (Electric Utilities) | 6.1% |
Analyst forecast in 3 Years (FE *) | 5.0% |
Notable Dividend: FE *'s dividend (4.33%) is higher than the bottom 25% of dividend payers in the MX market (2.25%).
High Dividend: FE *'s dividend (4.33%) is low compared to the top 25% of dividend payers in the MX market (6.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (163.9%), FE *'s dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: FE * is paying a dividend but the company has no free cash flows.