FirstEnergy Corp. Declares Increased Common Stock Dividend of 46.5 Cents Per Share

Core Viewpoint - FirstEnergy Corp. has declared a quarterly dividend of 46.5 cents per share, marking a 4.5% increase from the previous dividend, reflecting the company's successful strategy execution and long-term transformation efforts [1]. Dividend Announcement - The quarterly dividend of 46.5 cents per share is payable on June 1, 2026, to shareholders of record by May 7, 2026 [1]. - The expected annual dividend rate for 2026 is projected at $1.86 per share, compared to $1.78 per share in 2025, aligning with the company's targeted payout ratio of 60-70% of Core (non-GAAP) Earnings [1]. Company Overview - FirstEnergy operates one of the largest investor-owned electric systems in the U.S., serving over 6 million customers across several states including Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York [1]. - The company's transmission subsidiaries manage approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions [1]. Leadership Statement - Brian X. Tierney, Chairman, President, and CEO of FirstEnergy, emphasized the company's momentum over the past three years and its commitment to delivering value to customers, communities, and investors [1].