Public Service Enterprise Group Incorporated
PEGUtilities · Stock · quarterly payer
Forward Yield
3.41%
Annual Dividend
$2.68
Payout Ratio
57%
5-Yr Growth
5.2%
Ex-Date
Jun 9, 2026
Frequency
Quarterly
Summary
As of July 2026, Public Service Enterprise Group Incorporated (PEG) yields 3.41% ($2.68 per share annually), with a blended fair-value estimate of $84.90 — +8% upside, so it screens as fairly valued. Dividend safety grade: A (92/100). 14 years of dividend growth.
Is PEG a good dividend stock?
YesPublic Service Enterprise Group Incorporated (PEG) pays a quarterly dividend yielding 3.41% ($2.68/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (57%)
- Strong 5.2% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.41%
- Payout Ratio
- 57%
- Annual Dividend
- $2.68
- 5-Yr Avg Growth
- 5.2%
- Ex-Dividend Date
- Jun 9, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.53
- Market Cap
- $38.8B
- P/E Ratio
- 17.4
- 5-Yr Total Return
- 23%
- 52-Week Range
- $76.05 – $91.26
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
Frequently Asked Questions
PEG Price — Last 12 Months
Daily close
Price Return
1 Year
-4%
3 Years
+29%
5 Years
+23%
52-Week Range
$76.05 – $91.26
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PEG worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Public Service Enterprise Group Incorporated is $84.90 per share, versus a market price of $78.64. That implies the stock is roughly fairly priced.
Fair Value
$84.90
Current Price
$78.64
Gap
+8%
Margin of Safety
7%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 7.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 7.3% stage-1 growth, 2.5% terminal growth, $4.52 EPS, $2.68 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PEG Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 9, 2026 | — | $0.6700 | regular |
| Mar 10, 2026 | — | $0.6700 | regular |
| Dec 10, 2025 | — | $0.6300 | regular |
| Sep 9, 2025 | — | $0.6300 | regular |
| Jun 9, 2025 | — | $0.6300 | regular |
| Mar 10, 2025 | — | $0.6300 | regular |
| Dec 10, 2024 | — | $0.6000 | regular |
| Sep 9, 2024 | — | $0.6000 | regular |
| Jun 7, 2024 | — | $0.6000 | regular |
| Mar 7, 2024 | — | $0.6000 | regular |
| Dec 7, 2023 | — | $0.5700 | regular |
| Sep 7, 2023 | — | $0.5700 | regular |
| Jun 8, 2023 | — | $0.5700 | regular |
| Mar 9, 2023 | — | $0.5700 | regular |
Income Calculator
At $2.68 / yr per share
