Con Edison Declares Common Stock Dividend

Consolidated Edison, Inc. (NYSE: ED) has declared a quarterly dividend of 77.5 cents per share on common stock.

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Rhea-AI Summary

Consolidated Edison, Inc. (NYSE: ED) has declared a quarterly dividend of 77.5 cents per share on common stock. This dividend is payable on June 15, 2021 to shareholders of record as of May 19, 2021. With approximately $12 billion in annual revenues and $63 billion in assets, Con Edison is one of the largest investor-owned energy-delivery companies in the U.S., providing electric, gas, and steam services primarily in New York City and Westchester County, as well as engaging in renewable energy projects.

Positive

Quarterly dividend of 77.5 cents adds income for shareholders.
Strong financial metrics with $12 billion in annual revenue and $63 billion in assets.

Negative

None.

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04/15/2021 - 04:30 PM

NEW YORK, April 15, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 77.5 cents a share on its common stock, payable June 15, 2021 to stockholders of record as of May 19, 2021.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $63 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric, gas and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., which through its subsidiaries develops, owns and operates renewable and sustainable energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which through its subsidiaries invests in electric transmission facilities and holds investments in natural gas pipeline and storage facilities.

View original content:http://www.prnewswire.com/news-releases/con-edison-declares-common-stock-dividend-301270231.html

SOURCE Consolidated Edison, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Consolidated Edison (ED)?

Consolidated Edison declared a quarterly dividend of 77.5 cents per share.

What is the payment date for the dividend for Consolidated Edison (ED)?

The dividend is payable on June 15, 2021.

When is the record date for Consolidated Edison (ED) dividend?

The record date for the dividend is May 19, 2021.

How often does Consolidated Edison (ED) pay dividends?

Consolidated Edison typically pays dividends quarterly.

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Con Edison Declares Common Stock Dividend