Consolidated Edison (ED) Declares $0.65 Quarterly Dividend; 4.3% Yield

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Go back to Consolidated Edison (ED) Declares $0.65 Quarterly Dividend; 4.3% Yield

Consolidated Edison (ED), NYSPSC Enter Joint Proposal

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