Consolidated Edison (ED) Raises Quarterly Dividend 0.8% to $0.605; Yields 4.1%

Consolidated Edison, Inc. (NYSE: ED) declared a quarterly dividend of $0.605 per share, or $2.42 annualized. This is a 0.8% increase from the prior dividend of $0.60.

The dividend will be payable on March 15, 2012, to stockholders of record on February 15, 2012, with an ex-dividend date of February 13, 2012.

The annual yield on the dividend is 4.1 percent.

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