PSEG Increases 2025 Common Stock Dividend
1. PSEG announces a 5% increase in annual dividend rate to $2.52. 2. Quarterly dividend of $0.63 declared, payable by March 31, 2025.
FAQ
Why Bullish?
The increase in dividend is favorable, signaling financial stability. Historically, dividend increases generally boost stock prices.
How important is it?
Dividend increases are crucial for long-term investors, indicating robust company performance. This is likely to attract new investments.
Why Short Term?
Dividends typically lead to immediate positive investor sentiment. Past events show short-term stock price rises following dividend declarations.