Public Service Enterprise Group

Public Service Enterprise Group is a New Jersey based utility holding company, best known for its regulated electric and gas subsidiary PSE&G, complemented by a fleet of nuclear power plants. As a regulated utility serving a densely populated region, it generates steady, predictable cash flows underpinned by ongoing grid and infrastructure investment. PSEG has paid dividends for around four decades and raised them regularly, funding the payout with stable regulated earnings. The yield is on the lower side for a utility because investors also value its low-carbon nuclear base and growth pipeline, so the profile is one of dependable, gradually rising income backed by an essential-service business.