Con Edison Declares Common Stock Dividend
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Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 3.7%
Revenue Growth %: -4.8%
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NEW YORK, NY -- (Marketwired) -- 07/16/15 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 65 cents a share on its common stock, payable September 15, 2015, to stockholders of record as of August 19, 2015.
Consolidated Edison, Inc. is one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $44 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric, gas, and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,350 square mile area in southeastern New York state and adjacent section of northern New Jersey and northeastern Pennsylvania; Consolidated Edison Solutions, Inc., a retail energy supply and services company; Consolidated Edison Energy, Inc., a wholesale energy services company; and Consolidated Edison Development, Inc., a company that develops, owns and operates renewable and energy infrastructure projects.
Contact:Robert McGee212-460-4111
Source: Consolidated Edison, Inc.
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