HomeIndustryEnergy & UtilitiesFirstEnergy declares dividend increase, signals strong 2025 outlook

FirstEnergy declares dividend increase, signals strong 2025 outlook

FirstEnergy Corp. announced a quarterly dividend of $0.445 per share, payable June 1, 2025, to shareholders of record as of May 7, 2025. This marks the utility’s third dividend increase since September 2023.

“We are pleased to announce our third dividend increase, reflecting our commitment to delivering shareholder value,” said Brian X. Tierney, Chair, President, and CEO. “Our goal is to reward shareholders with dividends reflecting earnings growth and our target payout ratio of 60 to 70 percent of Core (non-GAAP) earnings.”

The company expects to declare total dividends of $1.78 per share in 2025, up from $1.70 in 2024 — an increase of over 11% since 2023.

FirstEnergy serves over 6 million customers across six states and operates approximately 24,000 miles of transmission lines.

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