Consolidated Edison (ED) Raises Quarterly Dividend 1.3% to $0.7750; 4.5% Yield

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Go back to Consolidated Edison (ED) Raises Quarterly Dividend 1.3% to $0.7750; 4.5% Yield

Con Edison Declares Common Stock Dividend And Updates 2020 Guidance

January 21, 2021 4:48 PM EST

NEW YORK, Jan. 21, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 77.5 cents a share on its common stock, payable March 15, 2021 to stockholders of record as of February 17, 2021, an annualized increase of 4 cents over the previous annualized dividend of $3.06 a share.

"The 47th consecutive annual increase for stockholders, the longest period of consecutive annual dividend increases of any utility in the S&P 500 index, reflects our continued emphasis on providing a return to our investors while meeting the needs of our customers during the... More