ED Consolidated Edison, Inc.

Utilities · Utilities - Regulated Electric

8 · Strong Momentum 5.0 · Neutral Safe Aristocrat

107.48

-0.02%

About the company

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,490 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, the company operates 552 circuit miles of transmission lines; 16 transmission substations; 63 distribution substations; 89,675 in-service line transformers; 3,764 pole miles of overhead distribution lines; and 2,417 miles of underground distribution lines, as well as 4,374 miles of mains and 379, 939 service lines for natural gas distribution. Further, it invests in electric and gas transmission projects. The company primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.

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3.27%

57.73%

3.51

39.7B

17.68

6.08

106.49

52-week range

107

low 95.0 high 116

Dividend deep dive

Consolidated Edison, Inc. (ED), operating in the Utilities - Regulated Electric sector, currently offers a dividend yield of 3.12%. This yield is below its 5-year average of 3.58% and towards the lower end of its 5-year historical range (3.34% to 4.14%). The company's dividend is assessed as "safe." Consolidated Edison is a Dividend Champion with a market capitalization of USD 42.01 billion, reflecting its substantial presence in the utility industry.

Dividend history

Consolidated Edison, Inc. holds a Dividend Champion status, marked by 29 consecutive years of dividend increases. The company distributes dividends quarterly, with payments typically occurring in February, May, August, and November. Its 3-year compound annual growth rate (CAGR) for dividends is 2.47%, and the 5-year CAGR is 2.13%. The annual dividend per share has shown consistent growth, rising from USD 2.52 in 2014 to USD 3.32 in 2024, with a projected USD 3.40 for 2025.