CON EDISON DECLARES COMMON STOCK DIVIDEND

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Consolidated Edison (NYSE: ED) declared a quarterly common stock dividend of $0.8875 per share, payable March 16, 2026 to shareholders of record on February 18, 2026. This represents an annualized increase of $0.15 to $3.55 per share and the 52nd consecutive annual dividend increase.

The company said it targets a dividend payout ratio of 55%–65% of adjusted earnings and emphasized continued returns to investors while supporting service reliability during the clean energy transition.

NEW YORK, Jan. 27, 2026 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 88.75 cents a share on its common stock, payable March 16, 2026 to stockholders of record as of February 18, 2026, an annualized increase of 15 cents over the previous annualized dividend of $3.40 a share. 

"The 52nd consecutive annual dividend increase for stockholders extends our record for the longest period of consecutive annual dividend increases of any utility in the S&P 500 index and reflects our continued emphasis on providing a return to our investors while delivering safe, reliable and resilient service to our customers during the clean energy transition," said Kirk Andrews, Con Edison's senior vice president and chief financial officer. The company continues to target a dividend payout ratio of between 55% and 65% of its adjusted earnings. 

This press release contains a forward-looking statement that reflects an expectation and not a fact. Actual results may differ materially from this expectation because of factors such as those identified in reports the company has filed with the Securities and Exchange Commission. Con Edison assumes no obligation to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. This press release also refers to a financial measure, adjusted earnings, that is not determined in accordance with generally accepted accounting principles in the United States of America (GAAP). This non-GAAP financial measure should not be considered as an alternative to net income for common stock (which is an indicator of financial performance determined in accordance with GAAP) and excludes certain items that the company does not consider indicative of its ongoing financial performance. 

Consolidated Edison, Inc. is a holding company that 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., a regulated company primarily under the oversight of the Federal Energy Regulatory Commission, that develops and invests in electric transmission projects and owns, through joint ventures, both electric and gas assets. 

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SOURCE Consolidated Edison, Inc.

FAQ

What dividend did Consolidated Edison (ED) declare on January 27, 2026?

Consolidated Edison declared a quarterly dividend of $0.8875 per share. According to the company, this raises the annualized dividend by $0.15 to $3.55 and continues its long record of annual increases.

When is the Consolidated Edison (ED) dividend payable and what is the record date?

The dividend is payable March 16, 2026 to shareholders of record as of February 18, 2026. According to the company, holders on the record date will receive the March payment on the payable date.

How does the January 27, 2026 dividend change affect Consolidated Edison (ED) annualized payout?

The dividend increases the annualized payout to $3.55 per share from $3.40 previously. According to the company, this reflects an annualized increase of $0.15 and the 52nd consecutive yearly raise.

What dividend payout ratio target did Consolidated Edison (ED) restate on January 27, 2026?

Consolidated Edison targets a dividend payout ratio of 55%–65% of adjusted earnings. According to the company, this target guides dividend policy while balancing reinvestment and investor returns during the clean energy transition.

Does the January 27, 2026 dividend announcement mention Con Edison's dividend track record?

Yes. The company highlighted its 52nd consecutive annual dividend increase, the longest such streak among S&P 500 utilities, according to the company, as evidence of sustained shareholder returns.