New Risk • Aug 13
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (484% cash payout ratio). Significant insider selling over the past 3 months (€1.2m sold). Reported Earnings • Aug 04
Second quarter 2026 earnings released: EPS: US$0.67 (vs US$1.17 in 2Q 2025) Second quarter 2026 results: EPS: US$0.67 (down from US$1.17 in 2Q 2025). Revenue: US$2.55b (down 8.9% from 2Q 2025). Net income: US$334.0m (down 43% from 2Q 2025). Profit margin: 13% (down from 21% in 2Q 2025). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Integrated Utilities industry in Europe. Declared Dividend • Jul 24
First quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 8th September 2026 Payment date: 30th September 2026 Dividend yield will be 3.3%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (dividend approximately 7x free cash flows). The dividend has increased by an average of 5.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jul 22
Public Service Enterprise Group Incorporated announces Quarterly dividend, payable on September 30, 2026 Public Service Enterprise Group Incorporated announced Quarterly dividend of USD 0.6700 per share payable on September 30, 2026, ex-date on September 09, 2026 and record date on September 09, 2026. Tillkännagivande • Jul 17
Public Service Enterprise Group Incorporated to Report Q2, 2026 Results on Aug 04, 2026 Public Service Enterprise Group Incorporated announced that they will report Q2, 2026 results on Aug 04, 2026 New Risk • Jul 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Share price has been volatile over the past 3 months (6.2% average weekly change). Upcoming Dividend • Jun 04
Upcoming dividend of US$0.67 per share Eligible shareholders must have bought the stock before 08 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 56% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Italian dividend payers (4.7%). Lower than average of industry peers (4.2%). Declared Dividend • May 20
First quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 8th June 2026 Payment date: 30th June 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (dividend approximately 7x free cash flows). The dividend has increased by an average of 5.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$1.49 (vs US$1.18 in 1Q 2025) First quarter 2026 results: EPS: US$1.49 (up from US$1.18 in 1Q 2025). Revenue: US$3.85b (up 19% from 1Q 2025). Net income: US$741.0m (up 26% from 1Q 2025). Profit margin: 19% (up from 18% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Integrated Utilities industry in Europe. Declared Dividend • Apr 26
Fourth quarter dividend of US$0.67 announced Shareholders will receive a dividend of US$0.67. Ex-date: 8th June 2026 Payment date: 30th June 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (dividend approximately 51x free cash flows). The dividend has increased by an average of 5.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 23
Public Service Enterprise Group Incorporated Declares Quarterly Dividend for the Second Quarter of 2026, Payable on or before June 30, 2026 The Board of Directors of Public Service Enterprise Group declared a $0.67 per share dividend on the outstanding common stock of the company for the second quarter of 2026.All dividends for the second quarter are payable on or before June 30, 2026, to shareholders of record on June 9, 2026. Tillkännagivande • Apr 14
Public Service Enterprise Group Incorporated to Report Q1, 2026 Results on May 05, 2026 Public Service Enterprise Group Incorporated announced that they will report Q1, 2026 results on May 05, 2026 Tillkännagivande • Mar 04
Public Service Enterprise Group Incorporated, Annual General Meeting, Apr 21, 2026 Public Service Enterprise Group Incorporated, Annual General Meeting, Apr 21, 2026. Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: US$4.22 (vs US$3.56 in FY 2024) Full year 2025 results: EPS: US$4.22 (up from US$3.56 in FY 2024). Revenue: US$12.2b (up 18% from FY 2024). Net income: US$2.11b (up 19% from FY 2024). Profit margin: 17% (in line with FY 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Integrated Utilities industry in Europe. Tillkännagivande • Feb 26
Public Service Enterprise Group Incorporated Declares Quarterly Dividend for the First Quarter of 2026, Payable on or Before March 31, 2026 The Board of Directors of Public Service Enterprise Group declared a $0.67 per share quarterly common stock dividend for the first quarter of 2026, payable on or before March 31, 2026, to shareholders of record on March 10, 2026. This action represents an increase of $0.04 per share in the company's quarterly common stock dividend, bringing the 2026 indicative annual rate to $2.68 per share. Tillkännagivande • Feb 03
Public Service Enterprise Group Incorporated to Report Q4, 2025 Results on Feb 26, 2026 Public Service Enterprise Group Incorporated announced that they will report Q4, 2025 results at 12:30 PM, US Eastern Standard Time on Feb 26, 2026 Tillkännagivande • Jan 22
Public Service Enterprise Group Incorporated Appoints Geisha J. Williams as Independent Director, Effective March 1, 2026 Public Service Enterprise Group Incorporated announced that Geisha J. Williams has been elected to its Board of Directors, effective March 1, 2026. Williams has over 35 years of energy industry experience. She served as chief executive officer and president of PG&E Corporation from March 2017 to January 2019, overseeing one of the largest dual electric and gas utilities in the United States. Prior to joining PG&E, Williams worked for over two decades at Florida Power and Light where she held a wide variety of positions culminating in her role as vice president, Power Systems–Distribution. Williams serves as a member of the Supervisory Board for Siemens Energy, an independent director for the Artera Services Board of Directors, chair of the Board of Directors of Osmose Utilities Services, and as an independent director of the Meritage Homes Board of Directors. She holds a Bachelor of Science in industrial engineering from the University of Miami and a Master of Business Administration from Nova Southeastern University. Tillkännagivande • Dec 31
Public Service Enterprise Group Incorporated Announces Leadership Changes PSEG also announced it has named Scott Jennings as the new president and chief operating officer (COO) of PSEG Long Island starting on Jan. 5, 2026. John Latka has been named senior vice president of electric operations at PSEG to support both PSE&G and PSEG Long Island in achieving operational excellence. As PSEG Long Island's new president, Jennings will be responsible for overseeing the operation of the transmission and distribution system on Long Island and in the Rockaways under a five-year extension of the operations services agreement between LIPA and PSEG Long Island. Jennings comes to PSEG Long Island with more than 27 years of experience at PSEG, having served in various leadership roles including his most recent role as senior vice president of Finance, Planning and Strategy at PSEG, where he was responsible for the company's business plans and investments focused on improving reliability and meeting public policy and customer service goals in an affordable manner. Jennings also has extensive experience with PSEG Long Island's structure and operations, including leading the development, diligence, and negotiation of PSEG's arrangement to operate the Long Island electric grid on behalf of the Long Island Power Authority leading up to the establishment of PSEG Long Island in 2014. In addition to his own industry experience, Jennings will draw upon the deep expertise of the teams in electric operations, both on Long Island and in New Jersey, to support the provision of safe, reliable electrical service to approximately 1.2 million customers on Long Island and in the Rockaways. Latka, PSEG's senior vice president of Electric Operations, will partner with Jennings in ensuring PSEG Long Island's operational excellence while also fostering collaboration on best practices across PSEG's utilities in New Jersey and on Long Island. Latka has over 40 years of utility operations experience overseeing the full spectrum of electric infrastructure operations, including system design, construction, maintenance, emergency preparedness, and grid-modernization initiatives. Under Latka's leadership, PSE&G has achieved multiple National ReliabilityOne Awards, including recognition for Outstanding System Resiliency and Metropolitan Service Area Reliability Performance in the Mid-Atlantic Region for the 24th year in a row. Tillkännagivande • Nov 19
Public Service Enterprise Group Incorporated Declares Dividend for the Fourth Quarter of 2025, Payable on or Before December 31, 2025 Public Service Enterprise Group Incorporated Board of Directors declared a $0.63 per share dividend of the outstanding common stock of the company for the fourth quarter of 2025. All dividends for the fourth quarter are payable on or before December 31, 2025, to shareholders of record on December 10, 2025. Tillkännagivande • Oct 14
Public Service Enterprise Group Incorporated to Report Q3, 2025 Results on Nov 03, 2025 Public Service Enterprise Group Incorporated announced that they will report Q3, 2025 results at 12:30 PM, US Eastern Standard Time on Nov 03, 2025 Tillkännagivande • Jul 22
Public Service Enterprise Group Incorporated Declares Dividend for Third Quarter of 2025, Payable on or Before September 30, 2025 The Board of Directors of Public Service Enterprise Group Incorporated declared a $0.63 per share dividend on the outstanding common stock of the company for the third quarter of 2025. All dividends for the third quarter are payable on or before September 30, 2025, to shareholders of record on September 9, 2025. Tillkännagivande • Jul 15
Public Service Enterprise Group Incorporated to Report Q2, 2025 Results on Aug 05, 2025 Public Service Enterprise Group Incorporated announced that they will report Q2, 2025 results on Aug 05, 2025 
