NEWARK, N.J., April 22, 2025 /PRNewswire/ -- The Board of Directors of Public Service Enterprise Group (NYSE: PEG) today declared a $0.63 per share dividend on the outstanding common stock of the company for the second quarter of 2025.All dividends for the second quarter are payable on or before June 30, 2025, to shareholders of record on June 9, 2025.About PSEGPublic Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission a ...

On Thursday, we had something we haven’t gotten a lot of lately – an IPO for a substantial Chinese consumer company. Chagee Holdings Limited (NASDAQ: CHA ) is probably not something immediately recognizable forI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible State ...

In the equity market, investments always need to be prudently hedged to overcome uncertainties and limit losses related to external shocks. A question that often arises is whether one should resort to a value strategy that seeks discounted stocks or opt for growth investing in times of extreme market instability.The investing track of the Oracle of Omaha over the past few decades and his gradual shift from being a pure-play value investor to a GARP (growth at a reasonable price) investor might give us all t ...

Core Points - PSEG Long Island and Suffolk County are collaborating to provide over 230 free trees to customers as part of the Energy-Saving Trees program, aimed at reducing utility bills and enhancing system reliability [1][3] - The initiative is timed with Earth Day and emphasizes the environmental benefits of tree planting, including potential savings of up to 20% on summer energy bills once trees mature [2][3] - The program includes an online tool for customers to estimate energy savings based on strategic tree planting locations [3] Group 1 - The Energy-Saving Trees program allows customers to reserve trees starting April 14, with pick-up scheduled for April 22 at the H. Lee Dennison Building [2][4] - PSEG Long Island will also provide information on energy-saving programs and distribute reusable shopping bags and free LED lightbulbs during the tree pick-up event [4] - A similar event will be held in Nassau County on April 26, where residents can reserve trees starting April 17 [5] Group 2 - PSEG Long Island will participate in the RISE Earth Day event in the Rockaways on May 3, giving away 35 trees on a first-come, first-served basis [6] - The company is offering free Google Nest smart thermostats to customers through its Online Marketplace until April 29 [6] - PSEG Long Island is committed to community support through its Community Partnership Program, actively participating in local charity events [7]

NEWARK, N.J., April 8, 2025 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2025 earnings call at 11:00 a.m. ET on Wednesday, April 30, during which management will discuss first quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters. The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations ...

Core Viewpoint - The utility sector is viewed as a safe investment during economic turbulence, providing essential services that consumers prioritize even in difficult times [1][7][8]. Group 1: Definition and Characteristics of Utility Stocks - Utility stocks are companies primarily involved in distributing essential services such as electricity, gas, and water [5][6]. - The Global Industry Classification Standard (GICS) categorizes the utility sector to include electric, gas, and water utilities, as well as independent power producers and energy traders [6]. - Utility companies exhibit low economic sensitivity, generating stable revenues and profits, and are known for their substantial dividends [8][9]. Group 2: Investment Appeal - Investors are drawn to utility stocks due to their "stickiness" in revenues, similar to healthcare and consumer staples, making them defensive stocks [7][8]. - Utilities are often among the best-yielding market sectors, providing safety and potential upside during market downturns [9]. - The sector's stability allows for gradual rate increases, although growth is typically capped at low single-digit rates [11]. Group 3: Recent Trends and Opportunities - The rise of artificial intelligence (AI) is expected to significantly increase power usage over the next decade, presenting a unique growth opportunity for utility companies [12][13]. - This trend may enable utilities to enhance their business results in a way that has not been seen before [13]. Group 4: Criteria for Selecting Utility Stocks - A quality screen for selecting utility stocks includes companies within the S&P Composite 1500, with a long-term estimated earnings-per-share growth rate of at least 5% [15]. - Stocks should have a dividend yield of at least 2.5%, with a history of growing dividends by at least 5% over the past year [16][17]. - Companies should have at least five covering analysts and a consensus Buy rating of 2.5 or less on S&P Global Market Intelligence's ratings scale [18][19]. Group 5: Recommended Utility Stocks - Recommended utility stocks include: - IDACORP (IDA): 2.9% yield, 5.5% estimated annual dividend growth, 8.3% long-term EPS growth, consensus rating 1.75 [19]. - NiSource (NI): 2.8% yield, 6.8% estimated annual dividend growth, 8.0% long-term EPS growth, consensus rating 1.53 [19]. - DTE Energy (DTE): 3.1% yield, 6.9% estimated annual dividend growth, 8.0% long-term EPS growth, consensus rating 2.05 [19]. - New Jersey Resources (NJR): 3.6% yield, 5.4% estimated annual dividend growth, 7.6% long-term EPS growth, consensus rating 2.22 [19]. - CMS Energy (CMS): 2.9% yield, 5.8% estimated annual dividend growth, 7.3% long-term EPS growth, consensus rating 2.21 [19]. - Sempra (SRE): 3.7% yield, 5.6% estimated annual dividend growth, 7.0% long-term EPS growth, consensus rating 2.11 [19]. - Ameren (AEE): 2.6% yield, 6.3% estimated annual dividend growth, 6.9% long-term EPS growth, consensus rating 2.24 [19]. - Public Service Enterprise Group (PEG): 3.1% yield, 5.7% estimated annual dividend growth, 6.6% long-term EPS growth, consensus rating 2.35 [19]. - Essential Utilities (WTRG): 3.2% yield, 6.6% estimated annual dividend growth, 6.5% long-term EPS growth, consensus rating 1.46 [19]. - FirstEnergy (FE): 4.1% yield, 5.6% estimated annual dividend growth, 5.7% long-term EPS growth, consensus rating 2.39 [20].

Group 1: Market Reactions and Economic Impact - President Trump's "Liberation Day" has led to a 10% baseline reciprocal tariff on nearly all U.S. trading partners and a 25% tariff on foreign-made vehicles, resulting in a significant stock market sell-off and international retaliation [1] - The tech-heavy Nasdaq Composite dropped 6% in response, with the "Magnificent Seven" losing nearly $1 trillion in market capitalization [1] - The risk of recession has resurfaced, indicating a challenging economic environment for investors [1] Group 2: Investment Strategies - In times of market volatility, investors are shifting towards value investing as a strategy to capitalize on discounted stock prices [2] - Value investing involves selecting stocks that are undervalued based on metrics such as dividend yield, P/E, or P/B ratios [4] - The PEG ratio, which considers earnings growth potential, is highlighted as a crucial metric for identifying true value stocks [5][6] Group 3: Stock Picks and Performance - Four stocks identified as strong candidates for value investing include Qifu Technology, Suzano, Fresenius Medical Care, and JD.com [3] - Qifu Technology has a long-term historical earnings growth rate of 39.1%, a Value Score of A, and a Zacks Rank of 1 [9][10] - Suzano boasts a long-term expected growth rate of 55.7%, a Zacks Rank of 2, and a Value Score of A [11] - Fresenius Medical has a five-year expected growth rate of 11.9%, a Zacks Rank of 1, and a Value Score of A [12] - JD.com has a five-year historical growth rate of 44.3%, a Zacks Rank of 1, and a Value Score of A [14]

At a time when volatility strikes every second day, investors often rely on value investing rather than other options like growth or momentum. As soon as other investors start selling their stocks at a cheaper rate in times of market uncertainty, value investors take this as an opportunity to pick good stocks at a discounted price.Several stocks that have surged significantly in the recent past have shown the overwhelming success of this pure-play investment strategy. Here, we discuss four such stocks — JD. ...

Core Points - PSEG Long Island offers a Household Assistance Program that provides a monthly bill discount of $45 to nearly 40,000 eligible customers [2][6] - The company emphasizes its commitment to assist customers struggling with their electric bills through various outreach efforts and support programs [3][4] - Additional energy-saving programs, such as the Residential Energy Affordability Partnership Program, are available to help income-eligible customers reduce their energy bills [5] Group 1: Household Assistance Program - The Household Assistance Program is available year-round for customers who meet certain eligibility criteria, including enrollment in state or federal assistance programs [2][6] - Customers can apply for assistance by contacting PSEG Long Island's Advocacy Hotline [1][4] Group 2: Outreach and Support - PSEG Long Island actively engages with the community by hosting events, sending communications, and training organizations to assist customers with applications [3] - The company encourages customers with past-due balances to reach out for tailored payment agreements [4] Group 3: Energy Efficiency Programs - The Residential Energy Affordability Partnership Program offers free home energy surveys and installations of energy-saving measures for eligible customers [5] - The company provides tips and rebates for energy-efficient practices, such as using smart thermostats and LED bulbs, to help customers lower their energy usage [8]

Core Viewpoint - Public Service Enterprise Group, Inc. (PSEG) is focusing on renewable energy expansion and infrastructure investment to enhance its position in the clean energy market [1] Group 1: Investment Plans - PSEG plans to invest approximately $3.8 billion in 2025 for infrastructure modernization, energy efficiency, electrification initiatives, and load growth [2] - The company has a capital investment plan of $21-$24 billion for the period of 2025-2029, aiming for compounded annual rate base growth of 6-7.5% [2] Group 2: Clean Energy Initiatives - Significant investments are being made in solar initiatives, with the PSE&G segment owning 158 megawatts of installed photovoltaic solar capacity in New Jersey as of December 31, 2024 [3] - PSEG has accelerated its net-zero carbon emissions goal to 2030, extending its ambition by 20 years to align with the growing clean energy industry [4] Group 3: Environmental Remediation Costs - PSEG is collaborating with the New Jersey Department of Environmental Protection to assess and remediate 38 former manufactured gas plant sites, with estimated costs of $210-$234 million [5] - These remediation costs may negatively impact PSEG's operating results [5] Group 4: Financial Position - As of December 31, 2024, PSEG had $18.96 billion in long-term debt and a cash balance of $0.13 billion, indicating a weak solvency position [6] - The current debt value stands at $3.74 billion, further highlighting financial challenges [6] Group 5: Stock Performance - Over the past year, PSEG shares have increased by 30.2%, outperforming the industry growth of 19.8% [7]