fbpx

Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

FirstEnergy announces $0.425 quarterly dividend

FirstEnergy Corp (NYSE: FE) said this week its Board of Directors had authorized a regular quarterly cash dividend of $0.425 per share of common stock.

The dividend was kept unchanged from the previous quarterly dividend payment.

The dividend will be paid on September 1st to shareholders of record as of the close of business on August 7th 2024, the company said.

Stock Performance

The shares of FirstEnergy Corporation (FE) closed 0.07% ($0.03) higher at $40.45 in New York on Thursday, as they extended the gains from the previous four market sessions.

It has been the highest closing price for the stock since April 27th 2023.

The company’s total market cap now stands at $23.28 billion.

The shares of FirstEnergy Corporation (FE) went down 12.59% in 2023, compared with a 24.23% gain for the benchmark index, S&P 500 (SPX).

The company’s shares have risen 10.34% so far this year.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News