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FirstEnergy declares increased dividend of 42.5c per share

The board of directors of FirstEnergy Corp. declared a quarterly dividend of 42.5c per share of outstanding common stock payable June 1, 2024, to shareholders of record at the close of business on May 7, 2024. Subject to continued board approval, FirstEnergy expects to declare dividends totaling $1.70 per share in 2024, an increase of more than 6% compared to $1.60 per share declared in 2023. “We’re pleased to announce this enhanced dividend payout to investors, which reflects our confidence in our strategies and our success in strengthening our financial position,” said Brian X. Tierney, President and CEO.

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