

AKRON, Ohio, July 22, 2026 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared a quarterly dividend of 46.5 cents per share of outstanding common stock payable September 1, 2026, to shareholders of record at the close of business on August 7, 2026. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence.

Somerset County Upgrades Mean Fewer Outages and Faster Restoration for JCP&L Customers PR Newswire HOLMDEL, N.J.

HOLMDEL, N.J., July 22, 2026 /PRNewswire/ -- Customers in parts of Somerset County are experiencing fewer power outages and quicker restoration times resulting from recent upgrades by Jersey Central Power & Light (JCP&L).

FirstEnergy's $36B grid plan targets 10% annual rate base growth and 6-8% EPS growth through 2030 while strengthening reliability.

FirstEnergy Corp. remains a compelling 'buy' in the utility sector, supported by strong growth, attractive valuation, and low leverage. FE's revenue and EBITDA are rising, with Q1 2026 revenue up 11.6% and EBITDA expanding from $1.20B to $1.44B year-over-year. Management projects $36B in investments from 2026–2030, targeting 6–8% annual EPS growth, driven by robust data center demand.

FE, AEE, KO and NYT stand out as low-beta defensive stocks as renewed U.S.-Iran tensions, higher oil prices and market volatility raise demand for stability.

Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and spurring utilities and developers to lock in orders far in advance.

FE's rising data center pipeline and Energize365 grid investments fuel long-term demand growth, earnings visibility and shareholder returns.
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