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FE (FirstEnergy) 3-Year Dividend Growth Rate : 0.40% (As of Sep. 2024)


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What is FirstEnergy 3-Year Dividend Growth Rate?

FirstEnergy's Dividends per Share for the three months ended in Sep. 2024 was $0.43.

The historical rank and industry rank for FirstEnergy's 3-Year Dividend Growth Rate or its related term are showing as below:

FE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.2   Med: 2.7   Max: 10.1
Current: 0.4

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.

FE's 3-Year Dividend Growth Rate is ranked worse than
74.49% of 294 companies
in the Utilities - Regulated industry
Industry Median: 5.3 vs FE: 0.40

During the past 12 months, FirstEnergy's average Dividends Per Share Growth Rate was 7.10% 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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

FirstEnergy's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.58. As of today, FirstEnergy's Dividend Yield % is 4.17%.

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 1.02, which seems too high.

Good Sign:

FirstEnergy Corp stock dividend yield is close to 3-year high.

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


Competitive Comparison of FirstEnergy's 3-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, FirstEnergy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, FirstEnergy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where FirstEnergy's 3-Year Dividend Growth Rate falls into.



FirstEnergy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


FirstEnergy  (NYSE:FE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

FirstEnergy's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.425/ 0.73
=0.58

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.

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 1.02, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

FirstEnergy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4250002024-11-072024-11-072024-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4250002024-08-072024-08-072024-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4250002024-05-062024-05-072024-06-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4100002024-02-062024-02-072024-03-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

FirstEnergy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.685/40.32
=4.18 %

Current Share Price is $40.32.
FirstEnergy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.685.

During the past 13 years, the highest Dividend Yield of FirstEnergy was 5.80%. The lowest was 2.91%. And the median was 4.13%.

Good Sign:

FirstEnergy Corp stock dividend yield is close to 3-year high.

* 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.


FirstEnergy 3-Year Dividend Growth Rate Related Terms>


FirstEnergy Business Description

Traded in Other Exchanges
Address
76 South Main Street, Akron, OH, USA, 44308
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