“PSEG boosts dividend, sets $500 million stock buyback”
September 27, 2021
“PSEG said Monday it’ll increase its annual dividend by 12 cents a share to $2.16 per share beginning in the first quarter of 2022 and buy back $500 million in stock after it closes the $1.9 billion sale of its Fossil unit to ArcLight Capital Partner LLC, as announced in August. The Newark, N.J.-based power company said it will increase its 2021 to 2025 utility capital spending program by $1 billion to $14 billion to $16 billion. The company said it expects 2022 non-GAAP operating earnings of $3…”
https://finance.yahoo.com/m/3d37fac4-2c19-357e-a36a-991854d085b6/pseg-boosts-dividend-sets.html