CON EDISON DECLARES COMMON STOCK DIVIDEND
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.
News Market Reaction – ED
On the day this news was published, ED gained 0.48%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately
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SOURCE Consolidated Edison, Inc.
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