Consolidated Edison (ED) Raises Quarterly Dividend 3.5% to $0.74; 3.8% Yield

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Go back to Consolidated Edison (ED) Raises Quarterly Dividend 3.5% to $0.74; 3.8% Yield

Con Edison Declares Common Stock Dividend

January 17, 2019 4:37 PM EST

NEW YORK, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 74 cents a share on its common stock, payable March 15, 2019 to stockholders of record as of February 13, 2019, an annualized increase of 10 cents over the previous annualized dividend of $2.86 a share.

The increase in the dividend, the 45th 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 financial officer. The increase continues the longest... More