Consolidated Edison (ED) Raises Quarterly Dividend 3.6% to $0.715; 3.6% Yield

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Con Edison Declares Common Stock Dividend

January 18, 2018 2:34 PM EST

NEW YORK, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 71.5 cents a share on its common stock, payable March 15, 2018 to stockholders of record as of February 14, 2018, an annualized increase of 10 cents over the previous annualized dividend of $2.76 a share.

The increase in the dividend, the 44th 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 Edisons senior vice president and chief... More