Public Service Enterprise Group Incorporated (NYSE:PEG) Updates On Quarterly Dividend

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As per Public Service Enterprise Group Incorporated (NYSE:PEG) statement on 2016-07-19, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.41 per share as dividend to stakeholders. The record date is set as 2016-09-09, the payout date as 2016-09-30 and the ex-dividend date is 2016-09-07.

Last fiscal Public Service Enterprise Group Incorporated (NYSE:PEG) disbursed cash dividend of $0.41. A year ago, the payout was $0.41, which indicates a difference of 5.4054%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.41, implying 2.6315% growth.

For the period ended on 2015-12-31, Public Service Enterprise Group Incorporated (NYSE:PEG)’s earnings came at $0.57 per share compared to EPS of $0.8 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-04. For this quarter, the analysts have earnings estimate of $0.86 per share.

The interim price target for Public Service Enterprise Group Incorporated (NYSE:PEG) is set at $46.583. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Public Service Enterprise Group Incorporated (NYSE:PEG) is seen at $50 and the lowest level is established at $42. This broad range highlights a standard deviation of $3.04 in reported estimates.

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