FirstEnergy

FirstEnergy is a regulated electric utility serving customers across the mid-Atlantic and Midwest, including Ohio, Pennsylvania and New Jersey, through a portfolio of distribution and transmission companies. Having shed its competitive generation business, it now operates as a rate-regulated network utility focused on delivering power and investing in grid reliability. FirstEnergy has a long dividend history but cut the payout in the past during a difficult period, and it has since stabilised distributions on a lower base. The yield is moderate and supported by regulated earnings, with modest growth as the balance sheet and governance recover. The overall profile is solid but not spotless, offering dependable regulated income tempered by a reminder that even utilities can adjust their dividends.