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Public Service Enterprise Group (FRA:PSE) 3-Year Dividend Growth Rate : 5.20% (As of Mar. 2024)


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What is Public Service Enterprise Group 3-Year Dividend Growth Rate?

Public Service Enterprise Group's Dividends per Share for the three months ended in Mar. 2024 was €0.55.

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

FRA:PSE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.5   Med: 2.9   Max: 11.5
Current: 5.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Public Service Enterprise Group was 11.50% per year. The lowest was 0.50% per year. And the median was 2.90% per year.

FRA:PSE's 3-Year Dividend Growth Rate is ranked better than
51.36% of 294 companies
in the Utilities - Regulated industry
Industry Median: 5 vs FRA:PSE: 5.20

During the past 12 months, Public Service Enterprise Group's average Dividends Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.70% 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.

Public Service Enterprise Group's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.68. As of today, Public Service Enterprise Group's Dividend Yield % is 3.34%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Public Service Enterprise Group Inc is 0.71, which seems too high.

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


Competitive Comparison of Public Service Enterprise Group's 3-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group'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.


Public Service Enterprise Group's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Public Service Enterprise Group's 3-Year Dividend Growth Rate falls into.



Public Service Enterprise Group 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.


Public Service Enterprise Group  (FRA:PSE) 3-Year Dividend Growth Rate Explanation

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

Public Service Enterprise Group's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.552/ 0.81
=0.68

During the past 13 years, the highest Dividend Payout Ratio of Public Service Enterprise Group was 1.03. The lowest was 0.47. And the median was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Public Service Enterprise Group Inc is 0.71, which seems too high.

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

Public Service Enterprise Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6000002024-03-072024-03-082024-03-29Cash DividendquarterlyUSD:EUR 0.920000
USD 0.5700002023-12-072023-12-082023-12-29Cash DividendquarterlyUSD:EUR 0.917000
USD 0.5700002023-09-072023-09-082023-09-29Cash DividendquarterlyUSD:EUR 0.937000
USD 0.5700002023-06-082023-06-092023-06-30Cash DividendquarterlyUSD:EUR 0.923000

* 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.

Public Service Enterprise Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.13489/66.00
=3.23 %

Current Share Price is €66.00.
Public Service Enterprise Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.13489.

During the past 13 years, the highest Dividend Yield of Public Service Enterprise Group was 4.97%. The lowest was 2.80%. And the median was 3.53%.

* 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.


Public Service Enterprise Group 3-Year Dividend Growth Rate Related Terms>


Public Service Enterprise Group (FRA:PSE) Business Description

Traded in Other Exchanges
Address
80 Park Plaza, Newark, NJ, USA, 07102
Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.2 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.

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