Consolidated Edison (ED) Declares $0.81 Quarterly Dividend; 3.5% Yield

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Go back to Consolidated Edison (ED) Declares $0.81 Quarterly Dividend; 3.5% Yield

CON EDISON DECLARES COMMON STOCK DIVIDEND

January 19, 2023 4:30 PM EST

NEW YORK, Jan. 19, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 81 cents a share on its common stock, payable March 15, 2023 to stockholders of record as of February 15, 2023, an annualized increase of 8 cents over the previous annualized dividend of $3.16 a share.

"The 49th 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 clean... More