PSE&G 2006 Annual Report Download - page 15

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PSEG’s reliability in keeping the lights on and gas flowing for customers strongly parallels
our solid, steady performance for investors. Excellence in operations is a key way we
define success — and a key to shareholder value. That’s been true since PSEG was founded
in 1903 and remains true today.
Not many companies can say they’ve provided quality service for more than a century —
and paid annual dividends for 100 consecutive years. We can.
Our dividend testifies to more than financial strength. It reflects how well we do our
jobs, how effectively we make operating decisions and how carefully we develop strate-
gies for future success.
This consistency is highly valued by our many investors. It is why we have a large and
loyal base of institutional and individual shareholders, including many who have invested
with the company over a lifetime.
PSEG common stock is an investment that parents have given to their children, and grand-
parents to their grandchildren. We are proud of the trust our shareholders place in us.
We seek to provide investors with attractive total returns over the long term: Not just for
a quarter — or a year — but with a focus on value that endures and grows over time.
Dividends and price appreciation remain our goal. So does our commitment to making
PSEG a rewarding investment for this generation and the next.
pseg 2006 annual report pp. 12/13
financial performance