Earnings Per Share (EPS) and Dividends (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Basic And Diluted Earnings Per Share Computation

The following table shows the effect of these dilutive potential shares on the weighted average number of shares outstanding used in calculating diluted EPS:

	Three Months Ended March 31,
	2024				2023
	Basic		Diluted		Basic		Diluted
EPS Numerator (Millions):
Net Income	$	532	$	532	$	1,287	$	1,287
EPS Denominator (Millions):
Weighted Average Common Shares Outstanding	499		499		497		497
Effect of Stock Based Compensation Awards	—		1		—		3
Total Shares	499		500		497		500
EPS
Net Income	$	1.07	$	1.06	$	2.59	$	2.58

Dividend Payments On Common Stock

Dividends

	Three Months Ended
	March 31,
Dividend Payments on Common Stock	2024		2023
Per Share	$	0.60	$	0.57
In Millions	$	299	$	284

On April 16, 2024, PSEG’s Board of Directors approved a $0.60 per share common stock dividend for the second quarter of 2024.