4.40% Jul 23, 05:19 PM
$2.52 Paid Quarterly
67.2% EPS $3.75
39 years Since 1975
19 days Aug 11, 2014

ED - Upcoming Dividend Payouts
Next Ex-Dividend Date Aug 11

Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.6300 2014-07-17 2014-08-11 2014-08-13 2014-09-15 Regular
Date has passed
Next Ex-Dividend Date
Next Pay Date

ED - Dividend Yield & Stock Price History
Current Dividend Yield 4.40%

Arrow-right
5y
All

ED - Dividend Payout History
Current Annual Payout $2.52

5y
All
Dividend payouts are split-adjusted

ED - Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal Dividend Growth History for ED. 1.1% 1.7% 39 years
Annual dividend amounts based on Ex-dividend date

ED - Historical Annual Dividend Data & Growth
Payouts Increasing For 39 years

Payout Amount Calendar Year Annual Growth
$2.4600 2013 1.7%
$2.4200 2012 0.8%

ED - Historical Dividend Data
Payouts Increasing For 39 years

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.6300 2014-07-17 2014-08-11 2014-08-13 2014-09-15 Yes Regular Quarter
$0.6300 2014-04-17 2014-05-12 2014-05-14 2014-06-15 Yes Regular Quarter
$0.6300 2014-01-16 2014-02-10 2014-02-12 2014-03-15 Yes Regular Quarter
$0.6150 2013-10-17 2013-11-08 2013-11-13 2013-12-15 Yes Regular Quarter
$0.6150 2013-07-18 2013-08-12 2013-08-14 2013-09-15 Yes Regular Quarter

Consolidated Edison (ED) - News

  • Before Thursday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Before Monday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
  • Jefferies reported on Monday that it has boosted its rating and raised its price target on Consolidated Edison, Inc. (ED) due to a valuation...
  • On Thursday evening, Consolidated Edison (ED) reported its fourth quarter earnings, posting slightly lower revenues than last year's Q4, but...
  • Jefferies Trims Consolidated Edison, Inc.'s Price Target (ED)

    On Friday, analyst firm Jefferies cut Consolidated Edison's (ED) price target to $46 from $49. Jefferies has an "Underperform" rating on Edison International. The cut to ED's PT comes after the New York PSC released a settlement agreement between Con Ed and intervener parties that showed no additional revenue for ED. The new PT suggests a 15% downside to Con Ed's current price. Jefferies analyst Paul Fremont had the following comments about the PT cut: "While new electric rates are based on a 9.2% ROE we expect the company will be challenged to earn at that level given its TTM ROE was 8.91%. We believe the company would not have filed for a rate increase if they were able to control costs given their previous ROE was a 10.15%." Consolidated Edison stocks were down 51 cents, or 0.95%, in pre-market trading. The company finished down 2.39% in yesterday's trading.

    The Bottom Line

    Shares of Consolidated Edison's (ED) have a yield of 4.56% based on the yesterday's closing price of $53.96 and the company's annualized payout of $2.46. Consolidated Edison's (ED)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Goldman Sachs Upgrades Consolidated Edison to "Neutral" (ED)

    Early on Wednesday, analysts at Goldman Sachs upgraded utility company Consolidated Edison, Inc. (ED) , noting that rate case concerns are already priced into the stock's current valuation. The analysts upgraded ED from "Sell" to "Neutral" and see shares reaching $57, up from the previous target of $55. This new price target suggests a slight upside to the stock's Tuesday closing price of $55.28. "While ED faces a challenging rate case in New York, we see this risk as well understood by the market now," Goldman Sachs analyst Michael Lapides said. Con Edison shares were inactive during pre-market trading on Wednesday. The stock is down a fraction year-to-date.

    The Bottom Line

    Shares of Con Edison (ED) offer a dividend yield of 4.45% based on Tuesday's closing price of $55.28 and the company's annualized dividend payout of $2.46 per share. Consolidated Edison, Inc. (ED) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Consolidated Edison Downgraded at Jefferies; Estimates Cut (ED)

    On Wednesday, Jefferies reported that it has downgraded energy company Consolidated Edison, Inc. (ED) to "Hold." The firm has cut its rating on ED from "Buy" to "Hold," and has slashed its price target from $67 to $58. This price target suggests a 4% upside from the stock's current price of $55.90. Analyst Paul B. Fremont noted: "We are downgrading Con Edison to Hold from Buy due to lower estimates that are predicated on a reduction in retail margins at the company's unregulated business (Con Ed Solutions)." "Additionally we believe parties involved in the current electric, gas and steam rate filing will be unable to reach a settlement agreement, which could put further downward pressure on the company's earnings," added the analyst. Looking ahead, analysts have lowered third quarter earnings estimates on ED from $1.45 to $1.35 per share. For FY2013, estimates have been cut from $3.80 to $3.65 per share. FY2014 estimates have been reduced from $3.90 to $3.75 per share. Consolidated Edison shares were down 40 cents, or 0.72%, during pre-market trading Wednesday. The stock has been mostly flat YTD. The Bottom Line Shares of Consolidated Edison, Inc. (ED) have a 4.40% yield based on Tuesday's closing price of $55.90. Consolidated Edison, Inc. (ED) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • Citigroup Upgrades Consolidated Edison to "Buy" (ED)

    Citigroup analysts upgraded utility company Consolidated Edison, Inc. (ED) on Friday, as an increased demand for storm hardening spending should drive sales growth. The analysts upgraded ED from "Neutral" to "Buy" and see shares reaching $65. This price target suggests a 13% upside to Thursday's closing price of $57.56. Con Edison shares were up 48 cents, or +0.83%, during morning trading on Friday. The stock is up +4.27% year-to-date. The Bottom Line Shares of Consolidated Edison (ED) have a dividend yield of 4.26% based on Friday's intraday trading price of $57.72 and the company's annualized dividend payout of $2.46 per share. Consolidated Edison, Inc. (ED) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

Top-5-pitch