Consolidated Edison (ED) Raises Quarterly Dividend 3% to $0.69; 3.8% Yield

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Go back to Consolidated Edison (ED) Raises Quarterly Dividend 3% to $0.69; 3.8% Yield

Con Edison Declares Common Stock Dividend

January 19, 2017 2:46 PM EST

NEW YORK, NY -- (Marketwired) -- 01/19/17 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 69 cents a share on its common stock, payable March 15, 2017 to stockholders of record as of February 15, 2017, an annualized increase of 8 cents over the previous annualized dividend of $2.68 a share.

"The increase in the dividend, the 43rd consecutive annual increase for stockholders, reflects our continued emphasis on providing a return to our investors while meeting the needs of our customers," said Robert Hoglund, Con Edison's senior vice president and chief... More