Consolidated Edison (ED) Raises Quarterly Dividend 4.4% to $0.8875; 3.4% Yield
Get Alerts ED Hot Sheet
Join SI Premium – FREE
Consolidated Edison (NYSE: ED) declared a quarterly dividend of $0.8875 per share, or $3.55 annualized. This is a 4.4% increase from the prior dividend of $0.85.
The dividend will be payable on March 16, 2026, to stockholders of record on February 18, 2026, with an ex-dividend date of February 17, 2026.
The annual yield on the dividend is 3.4 percent.
"The 52nd consecutive annual dividend increase for stockholders extends our record for the longest period of consecutive annual dividend increases of any utility in the S&P 500 index and reflects our continued emphasis on providing a return to our investors while delivering safe, reliable and resilient service to our customers during the clean energy transition," said Kirk Andrews, Con Edison's senior vice president and chief financial officer. The company continues to target a dividend payout ratio of between 55% and 65% of its adjusted earnings.
For a dividend history and other dividend-related data on Consolidated Edison (ED) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SpaceX files for 555.56M share IPO at $135/sh
- Are we witnessing a fundamental or speculative rally in the S&P 500?
- Broadcom (AVGO) Declares $0.65 Quarterly Dividend; 0.5% Yield
Create E-mail Alert Related Categories
Dividend Hike, Dividends, Management CommentsRelated Entities
Standard & Poor's, Dividend, Earnings, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share