Post Content
Public Service Enterprise Group Incorporated (NYSE:PEG) is included among the 10 Best Nuclear Energy Stocks to Buy for Dividends.
Public Service Enterprise Group Incorporated (NYSE:PEG) is a predominantly regulated energy company that engages in the provision of electric and gas services.
Public Service Enterprise Group Incorporated (NYSE:PEG) announced a quarterly dividend of $0.67 per share on April 21. The dividend is payable on June 30 to all shareholders of record on June 9. The company has paid a common dividend since 1907 and currently boasts an impressive annual yield of 3.34%.
Public Service Enterprise Group Incorporated (NYSE:PEG) is projecting operating earnings of $4.28 to $4.40 per share for FY 2026, up 7% YoY at the midpoint. The company recently raised its long-term adjusted earnings growth outlook to 6%-8% through the end of the decade, citing robust regulated investments and nuclear generation cash flows as key drivers. Moreover, to keep up with the soaring demand, PSEG also recently bumped up its capital program from $24 billion to $28 billion for 2026–2030.
While we acknowledge the potential of PEG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Global Stocks to Buy According to Wall Street Analysts and 8 Best Wind Power and Solar Stocks to Buy Right Now
Disclosure: None. Follow Insider Monkey on Google News.