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FirstEnergy Corp. Message Board

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  • wall_street_mayhem wall_street_mayhem Dec 10, 2010 11:39 AM Flag

    Next week FE will be declaring it's Dividend.

    Announcement most likely next week. You'll have time to get the dividend but I wouldn't wait too long I doubt it goes MUCH lower from here. Early February so basically you have to buy it before the end of January. The stock is down due to the uncertainty of the merger with (AYE). Also they had a very low price auction for power so they won't get as much for what they sell. Coal prices have gone up as well. These issues along with rising interest rates (mainly the past week or so) have weighed on this stock and the sector as a whole. I am looking for 38 in the next month or two. Hope that helps some. Read some of the posts here they are informative.

 
FE
34.64-0.07(-0.20%)Mar 27 4:02 PMEDT