FirstEnergy declares quarterly dividend of 44.5 cents per share

AKRON, Ohio - FirstEnergy Corp. (NYSE:FE) announced Tuesday that its Board of Directors has declared a quarterly dividend of 44.5 cents per share of outstanding common stock.

The dividend will be payable on December 1, 2025, to shareholders of record at the close of business on November 7, 2025, according to a company press release.

FirstEnergy operates one of the nation’s largest investor-owned electric systems, with electric distribution companies serving more than six million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York.

The company’s transmission subsidiaries manage approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions.

The quarterly dividend announcement represents a routine financial action for the utility company, which provides electricity services across multiple states. The company’s detailed financial health analysis and comprehensive Pro Research Report are available on InvestingPro, offering investors deeper insights into its performance metrics and growth potential.

In other recent news, FirstEnergy Corp. reported its second-quarter earnings for 2025, meeting analysts’ expectations with an earnings per share (EPS) of $0.52. The company also slightly exceeded revenue forecasts, reporting $3.4 billion compared to the projected $3.39 billion. Barclays upgraded FirstEnergy’s stock to Overweight from Equalweight, citing an undervalued growth plan after discussions with the company’s executives. Additionally, Jefferies raised its price target for FirstEnergy to $45.00, maintaining a Hold rating, while Mizuho also increased its price target to $45.00, keeping a Neutral rating. Mizuho’s adjustment followed the company’s earnings report, which highlighted strong performance driven by new rates and investments in its distribution business. Jefferies noted that a favorable Ohio base-rate decision and manageable HB6 orders could further support the stock’s outlook. These developments reflect a period of strategic adjustments and financial reporting for FirstEnergy.

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