FirstEnergy (FirstEnergy) Dividend Payout Ratio

: 1.37 (As of Dec. 2023)

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FirstEnergy's dividend payout ratio for the months ended in Dec. 2023 was 1.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of FirstEnergy Corp is 0.79, which seems too high.

The historical rank and industry rank for FirstEnergy's Dividend Payout Ratio or its related term are showing as below:

FE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.64 Med: 0.91 Max: 3.61
Current: 0.79

During the past 13 years, the highest Dividend Payout Ratio of FirstEnergy was 3.61. The lowest was 0.64. And the median was 0.91.

FE's Dividend Payout Ratio is ranked worse than
75.82% of 368 companies
in the Utilities - Regulated industry
Industry Median: 0.535 vs FE: 0.79

As of today (2024-04-18), the Dividend Yield % of FirstEnergy is 4.27%.

During the past 13 years, the highest Trailing Annual Dividend Yield of FirstEnergy was 7.17%. The lowest was 2.91%. And the median was 4.23%.

FirstEnergy's Dividends per Share for the months ended in Dec. 2023 was $0.41.

During the past 12 months, FirstEnergy's average Dividends Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of FirstEnergy was 10.10% per year. The lowest was -13.20% per year. And the median was 2.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

FirstEnergy Dividend Payout Ratio Historical Data

The historical data trend for FirstEnergy's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FirstEnergy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.91

0.84

0.64

1.65

0.79

FirstEnergy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																-	0.77	0.85	0.53	1.37

Competitive Comparison

For the Utilities - Regulated Electric subindustry, FirstEnergy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FirstEnergy Dividend Payout Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, FirstEnergy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where FirstEnergy's Dividend Payout Ratio falls into.

FirstEnergy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

FirstEnergy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.58	/	2.011
	=	0.79

FirstEnergy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.41	/	0.3
	=	1.37

FirstEnergy (NYSE:FE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

FirstEnergy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of FirstEnergy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

FirstEnergy (FirstEnergy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » FirstEnergy Corp (NYSE:FE) » Definitions » Dividend Payout Ratio

Comparable Companies

ETR DTE ES PPL AEE WEC CNP CMS EIX XEL NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

FE7:Germany

Address

76 South Main Street, Akron, OH, USA, 44308

Website

https://www.firstenergycorp.com

FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.

Executives

Christine Walker	officer: VP, Human Resources	76 SOUTH MAIN STREET, AKRON OH 44308
Brian X Tierney	director, officer: President and CEO	76 S. MAIN ST., AKRON OH 44308
Jana T Croom	director	1205 KIMBALL BLVD., JASPER IN 47546
Sean Klimczak	director	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Paul J Kaleta	director	P O BOX 30150, RENO NV 89520
Lisa Winston Hicks	director	76 S. MAIN ST, AKRON OH 44308
Melvin D. Williams	director	76 SOUTH MAIN STREET, AKRON OH 44308
Jesse Lynn	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Andrew Teno	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Somerhalder John W Ii	director, officer: Vice Chair & Exec Director	76 SOUTH MAIN STREET, AKRON OH 44308
Hyun Park	officer: SVP & CLO	76 SOUTH MAIN STREET, AKRON OH 44308
Christopher D Pappas	director	C/O 76 SOUTH MAIN STREET, AKRON OH 44308
Leila L Vespoli	officer: Sr. Vice Pres & Gen. Counsel	C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
James F Pearson	officer: Treasurer	76 SOUTH MAIN STREET, AKRON OH 44308
Leslie M Turner	director	THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17036