FirstEnergy Corp.
FEUtilities · Stock · quarterly payer
Forward Yield
4.11%
Annual Dividend
$1.86
Payout Ratio
96%
5-Yr Growth
2.4%
Ex-Date
Aug 7, 2026
Frequency
Quarterly
Summary
As of September 2026, FirstEnergy Corp. (FE) yields 4.11% ($1.86 per share annually), with a blended fair-value estimate of $48.46 — +7% upside, so it screens as fairly valued. Dividend safety grade: B (70/100). 3 years of dividend growth.
Is FE a good dividend stock?
Yes, with caveatsFirstEnergy Corp. (FE) pays a quarterly dividend yielding 4.11% ($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 (96%)
Key Data
- Dividend Yield
- 4.11%
- Payout Ratio
- 96%
- Annual Dividend
- $1.86
- 5-Yr Avg Growth
- 2.4%
- Ex-Dividend Date
- Aug 7, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.44
- Market Cap
- $26.2B
- P/E Ratio
- 24.2
- 5-Yr Total Return
- 17%
- 52-Week Range
- $43.00 – $52.34
- Dividend Safety
- B · 70/100
- Ever Cut?
- Yes (2014)
Frequently Asked Questions
FE Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+27%
5 Years
+17%
52-Week Range
$43.00 – $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 $48.46 per share, versus a market price of $45.26. That implies the stock is roughly fairly priced.
Fair Value
$48.46
Current Price
$45.26
Gap
+7%
Margin of Safety
7%
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 8.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 8.0% stage-1 growth, 2.5% terminal growth, $1.87 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 7, 2026 | — | $0.4650 | regular |
| May 7, 2026 | — | $0.4650 | regular |
| Feb 6, 2026 | — | $0.4450 | regular |
| Nov 7, 2025 | — | $0.4450 | regular |
| Aug 7, 2025 | — | $0.4450 | regular |
| May 7, 2025 | — | $0.4450 | regular |
| Feb 7, 2025 | — | $0.4250 | regular |
| Nov 7, 2024 | — | $0.4250 | regular |
| Aug 7, 2024 | — | $0.4250 | regular |
| May 6, 2024 | — | $0.4250 | regular |
| Feb 6, 2024 | — | $0.4100 | regular |
| Nov 6, 2023 | — | $0.4100 | regular |
| Aug 4, 2023 | — | $0.3900 | regular |
| May 4, 2023 | — | $0.3900 | regular |
Income Calculator
At $1.86 / yr per share
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