CON EDISON DECLARES COMMON STOCK DIVIDEND

Consolidated Edison (NYSE: ED) has declared a quarterly dividend of 85 cents per share on its common stock.

Rhea-AI Summary

Consolidated Edison (NYSE: ED) has declared a quarterly dividend of 85 cents per share on its common stock. The dividend will be payable on September 15, 2025, to stockholders of record as of August 13, 2025.

Con Edison, one of the nation's largest investor-owned energy-delivery companies, reported $15 billion in annual revenues for 2024 and holds $71 billion in assets as of March 31, 2025. The company operates through key subsidiaries including CECONY, Orange and Rockland Utilities, and Con Edison Transmission, providing electric, gas, and steam services across New York and parts of New Jersey.

Positive

• Consistent dividend payment demonstrates financial stability
• Strong asset base of $71 billion as of Q1 2025
• Substantial annual revenue of $15 billion in 2024
• Diversified energy services portfolio across multiple regions

Negative

• None.

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NEW YORK, July 17, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 85 cents a share on its common stock, payable September 15, 2025 to stockholders of record as of August 13, 2025.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for the year ended December 31, 2024 and $71 billion in assets as of March 31, 2025. 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. (CECONY), a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc. (O&R), a regulated utility serving customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey; and Con Edison Transmission, Inc., which falls primarily under the oversight of the Federal Energy Regulatory Commission, invests in electric transmission projects and manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects.

 

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SOURCE Consolidated Edison, Inc.

FAQ

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

What is Con Edison's (NYSE: ED) latest quarterly dividend amount?

Con Edison declared a quarterly dividend of 85 cents per share on its common stock.

When is Con Edison's (ED) next dividend payment date?

The dividend will be paid on September 15, 2025 to stockholders of record as of August 13, 2025.

What was Con Edison's (ED) annual revenue in 2024?

Con Edison reported $15 billion in annual revenues for the year ended December 31, 2024.

What is Con Edison's (NYSE: ED) total asset value?

Con Edison holds $71 billion in assets as of March 31, 2025.

What areas does Con Edison (ED) serve?

Con Edison serves New York City, Westchester County, parts of southeastern New York State, and northern New Jersey through its subsidiaries.