Consolidated Edison (ED) Raises Quarterly Dividend 3.1% to $0.67; 4% Yield

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Go back to Consolidated Edison (ED) Raises Quarterly Dividend 3.1% to $0.67; 4% Yield

Con Edison Declares Common Stock Dividend

January 21, 2016 5:10 PM EST

NEW YORK, NY -- (Marketwired) -- 01/21/16 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 67 cents a share on its common stock, payable March 15, 2016 to stockholders of record as of February 17, 2016, an annualized increase of 8 cents over the previous annualized dividend of $2.60 a share. The increase in the dividend is the 42nd consecutive annual increase for stockholders, the longest successive increases of any utility in the S&P 500 index.

"The increase in the dividend reflects our continued emphasis on... More