Firstenergy Corp. Dividend yield

Firstenergy Corp. is part of Electricity business, which is part of Utilities industry. Firstenergy Corp. is a company from USA, and his stocks are publicly traded.

Firstenergy Corp. stock dividend

Firstenergy Corp. paid a total dividend of 894 million USD last year, for a market value of 20,668 millions (Market Cap 19,606 millions). Firstenergy Corp. dividend per share is 1.56 USD, and his stock market price 36.07 USD.

According to the chart below, where dividend yield is displayed, Firstenergy Corp. has a dividend yield of 4.32%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Firstenergy Corp. stocks dividend with other Electricity companies or other of the best USA dividend stocks list.

Firstenergy Corp. Dividend Payout

About the ability of Firstenergy Corp. to maintain his current dividend of USD 1.56 per share, an amount that accounts for 4.32%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Firstenergy Corp. payout on ernings is currently 219.72%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Firstenergy Corp. can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Firstenergy Corp. is USD 4.68 per share, which is higher than the dividend per share paid by the company of USD 1.56, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Firstenergy Corp., compared againt world market average, USA companies, Utilities industry and Electricity sector companies.

Firstenergy Corp. Dividend History

Below you will find a table with the historical evolution of Firstenergy Corp.'s dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	4.32%	1.56	219.72%	573
2022	3.72%	1.56	72.22%	571
2021	3.75%	1.56	84.78%	544
2020	5.10%	1.56	99.36%	542
2019	3.13%	1.52	142.06%	540
2018	3.83%	1.44	-43.37%	511
2017	4.70%	1.44	-10.34%	444
2016	4.60%	1.44	84.71%	423
2015	4.59%	1.44	160.00%	423

*In millions

Then you can see the evolution of Firstenergy Corp. dividend stock, and compare it with the average of USA stocks and that of the Electricity stocks.

Firstenergy Corp. Stock performance

Finally, last moth Firstenergy Corp. showed a return of -8.40% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -8.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Electricity firms.