
FirstEnergy (FE) Dividend
FirstEnergy Corp. · Utilities · Utilities - Regulated Electric · quarterly payer
As of Nov 5, 2026, FirstEnergy (FE) pays a quarterly dividend of $0.4650 per share, or $1.86 a year, a 3.94% yield at its $46.96 share price. The next ex-dividend date is Nov 6, 2026, paid Dec 1, 2026. It has raised its dividend 3 years in a row and has a dividend safety grade of B.
Forward Yield
3.94%
Annual Dividend
$1.86
Payout Ratio
88%
5-Yr Growth
2.4%
Ex-Date
Nov 6, 2026
Frequency
Quarterly
Key facts about FE's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, FirstEnergy Corp. (FE) has a forward dividend yield of 3.94%, based on an annual dividend of $1.86 per share and a share price of $46.96.
- As of Nov 5, 2026, FE's dividend safety grade from SmarterDividends is B (70 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, FirstEnergy Corp. (FE) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
- FE last cut its regular dividend in 2014.
- FE's next ex-dividend date is Nov 6, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, FE pays out 88% of its trailing 12-month earnings as dividends (its payout ratio).
- FE's dividend has grown at an average rate of 2.4% a year over the past five years.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for FE is $48.33 per share, 3% above the $46.96 share price, so FE screens as fairly valued.
- FirstEnergy Corp. (FE) pays its dividend quarterly, 4 times a year.
- FirstEnergy Corp. (FE) has raised its regular dividend 12 times and cut it 2 times across the 118 payments on record since 1998. Its most recent change was a 4.5% increase to $0.465 per share, going ex-dividend on May 7, 2026. The last cut went ex-dividend on Feb 5, 2014.
Cite this page
SmarterDividends, "FE Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/FE
Is FE a good dividend stock?
Yes, with caveatsFirstEnergy Corp. (FE) pays a quarterly dividend yielding 3.94% ($1.86/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2014
- Elevated payout ratio (88%)
Key Data
- Dividend Yield
- 3.94%
- Payout Ratio
- 88%
- Annual Dividend
- $1.86
- 5-Yr Avg Growth
- 2.4%
- Ex-Dividend Date
- Nov 6, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.37
- Market Cap
- $27.2B
- P/E Ratio
- 22.7
- 5-Yr Total Return
- 25%
- 52-Week Range
- $42.67 – $52.34
- Dividend Safety
- B · 70/100
- Ever Cut?
- Yes (2014)
FE dividend raises and cuts
FirstEnergy Corp. (FE) has raised its regular dividend 12 times and cut it 2 times across the 118 payments on record since 1998. Its most recent change was a 4.5% increase to $0.465 per share, going ex-dividend on May 7, 2026. The last cut went ex-dividend on Feb 5, 2014.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 7, 2026 | Raise | $0.445 → $0.465 | +4.5% |
| May 7, 2025 | Raise | $0.425 → $0.445 | +4.7% |
| May 6, 2024 | Raise | $0.410 → $0.425 | +3.7% |
| Nov 6, 2023 | Raise | $0.390 → $0.410 | +5.1% |
| Feb 6, 2020 | Raise | $0.380 → $0.390 | +2.6% |
| Feb 6, 2019 | Raise | $0.360 → $0.380 | +5.6% |
| Feb 5, 2014 | Cut | $0.550 → $0.360 | −34.5% |
| May 4, 2011 | Raise | $0.525 → $0.550 | +4.8% |
| Feb 28, 2011 | Cut | $0.550 → $0.525 | −4.5% |
| Feb 5, 2008 | Raise | $0.500 → $0.550 | +10.0% |
| Feb 5, 2007 | Raise | $0.450 → $0.500 | +11.1% |
| Feb 3, 2006 | Raise | $0.430 → $0.450 | +4.7% |
Show all 14 changes since 2005
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 3, 2005 | Raise | $0.413 → $0.430 | +4.1% |
| Feb 3, 2005 | Raise | $0.375 → $0.413 | +10.1% |
Frequently Asked Questions
Is FE a good dividend stock?
Yes, with caveats. FirstEnergy Corp. (FE) pays a quarterly dividend yielding 3.94% ($1.86/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is FE undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FE's fair value is about $48.33 versus a $46.96 share price — so it looks fairly valued (+3% vs. fair value).
Is FE's dividend safe?
FE has a dividend-safety grade of B (70/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2014, debt and yield-versus-history.
What is FE's fair value?
Our blended fair-value estimate for FE is about $48.33 per share, roughly 3% above the current $46.96 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is FE a buy, hold, or sell?
We don't issue formal ratings, but on the data FE screens as "yes, with caveats" and fairly valued. FirstEnergy Corp. (FE) pays a quarterly dividend yielding 3.94% ($1.86/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will FE cut its dividend?
FE earns a dividend-safety grade of B (70/100), and has cut its dividend before (last in 2014). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does FE pay a dividend?
Yes. FirstEnergy Corp. pays a quarterly dividend of about $1.86 per share annually, a forward yield of roughly 3.94%.
How much dividend does 100 shares of FE pay?
At $1.86 per share a year, 100 shares of FE pay $186.00 a year in dividends before tax, about $46.50 each quarter. Buying them costs about $4,696 at the Nov 5, 2026 price.
What is FE's dividend yield?
As of Nov 5, 2026, FE's forward dividend yield is 3.94%, based on a $1.86 annual dividend and a $46.96 share price.
What is FE's dividend per share?
As of Nov 5, 2026, FE pays $1.86 per share per year, distributed on a quarterly basis.
What is FE's dividend payout ratio?
As of Nov 5, 2026, FE's payout ratio is 88% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has FE grown its dividend?
As of Nov 5, 2026, FE has increased its dividend for 3 consecutive years.
When is the next FE ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for FE is Nov 6, 2026.
FE Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
+27%
5 Years
+25%
52-Week Range
$42.67 – $52.34
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FE worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for FirstEnergy Corp. is $48.33 per share, versus a market price of $46.96. That implies the stock is roughly fairly priced.
Fair Value
$48.33
Current Price
$46.96
Gap
+3%
Margin of Safety
3%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 8.4% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 8.4% growth for five years fading to 2.5% over the next five, $2.07 EPS, $1.86 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FE Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full FE dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 7, 2026 | Sep 1, 2026 | $0.4650 | regular |
| May 7, 2026 | Jun 1, 2026 | $0.4650 | regular |
| Feb 6, 2026 | Mar 1, 2026 | $0.4450 | regular |
| Nov 7, 2025 | Dec 1, 2025 | $0.4450 | regular |
| Aug 7, 2025 | Sep 1, 2025 | $0.4450 | regular |
| May 7, 2025 | Jun 1, 2025 | $0.4450 | regular |
| Feb 7, 2025 | Mar 1, 2025 | $0.4250 | regular |
| Nov 7, 2024 | Dec 1, 2024 | $0.4250 | regular |
| Aug 7, 2024 | Sep 1, 2024 | $0.4250 | regular |
| May 6, 2024 | Jun 1, 2024 | $0.4250 | regular |
| Feb 6, 2024 | Mar 1, 2024 | $0.4100 | regular |
| Nov 6, 2023 | Dec 1, 2023 | $0.4100 | regular |
| Aug 4, 2023 | Sep 1, 2023 | $0.3900 | regular |
| May 4, 2023 | Jun 1, 2023 | $0.3900 | regular |
Income Calculator
At $1.86 / yr per share
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