FE dividend analysis

FE dividend deep dive

FE dividend ledger: $9.66/share, 3.20% yield, 72% earnings payout, 9.2% 5-year CAGR. The streak of consecutive dividend increases stands at 33 years.

FE dividend safety: 68/100. The score combines the company's Quality pillar (77/100) with the strain on free cash flow implied by the 72% payout. Risk pillar reads 22/100 alongside.

FE DRIP scenario at $302.00 entry: 5-year horizon ≈ 18.7%, 10-year ≈ 41.0%, 20-year ≈ 98.8% on the income leg alone. Capital return depends on the multiple at exit and is not part of this number.

Peer dividend set for FE (yield 3.20%): KO (5.00%), PG (1.50%), PEP (2.90%). The peer-mean yield prints 3.13%, so FE sits above the cohort by 0.07 percentage points.

Distribution schedule for FE: ex 2026-03-01, payment 2026-03-15. On a quarterly cadence at $2.415 per share, the annualized total works out to $9.66 — the figure used in the trailing yield calculation.

FE closes the loop with a 3.20% / 9.2% / 68/100 yield-growth-safety triplet. The forward question for the next 12 months is whether earnings growth keeps pace with distribution growth at the current 72% payout.