Con Edison Declares Common Stock Dividend
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April 20, 2015 5:11 PM EDT
On April 20, 2015, Consolidated Edison Company of New York, Inc. (CECONY) (NYSE: ED) entered into a Joint Proposal with the staff of the New York State Public Service Commission (NYSPSC) and other parties for the extension of CECONYs current electric rate plan for an additional year through 2016. Under the Joint Proposal, which is subject to NYSPSC approval, the rate plan for 2016 does not include a rate increase or decrease. The rate plan for 2016 includes additional revenues from the amortization to income of net regulatory... More
April 16, 2015 3:27 PM EDT
Consolidated Edison (NYSE: ED) declared a quarterly dividend of $0.65 per share, or $2.6 annualized.
The dividend will be payable on June 15, 2015, to stockholders of record on May 20, 2015, with an ex-dividend date of May 18, 2015.
The annual yield on the dividend is 4.3 percent.
For a... More
