Public Service Enterprise Group (PEG) - Among the Best Nuclear Power Dividend Stocks to Buy Now

Public Service Enterprise Group Incorporated (NYSE:PEG) is included among the 12 Best Nuclear Power Dividend Stocks to Buy Now.

Public Service Enterprise Group Incorporated (NYSE:PEG) is a predominantly regulated energy company that engages in the provision of electric and gas services. The company is involved in nuclear energy through its subsidiary PSEG Power, which owns and operates merchant nuclear generating assets and provides fuel and energy management services.

Evercore ISI initiated coverage of Public Service Enterprise Group Incorporated (NYSE:PEG) last week, with an ‘In Line’ rating and a price target of $83. The analyst believes that the company has the potential to play a part in the PJM (Pennsylvania-New Jersey-Maryland Interconnection) data center buildout.

Public Service Enterprise Group Incorporated (NYSE:PEG) had a strong Q2 2025, beating expectations in both earnings and revenue. The company’s nuclear output also grew to 7,511 gigawatt-hours (GWh) during the quarter, compared to 7,007 GWh in the same period in 2024, and reached 15.9 TWh for the first half of this year.

Public Service Enterprise Group Incorporated (NYSE:PEG) is known for its commitment to shareholders, having paid dividends for 118 consecutive years. The company raised its quarterly dividend by 5% to $0.63 per share earlier this year, marking its 14th consecutive annual increase. As of the writing of this article, Public Service Enterprise Group Incorporated (NYSE:PEG) boasts an annual dividend yield of 3.08%.

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Disclosure: None.