CON EDISON DECLARES COMMON STOCK DIVIDEND

Consolidated Edison (NYSE: ED) declared a quarterly cash dividend of $0.8875 per share on common stock, payable June 15, 2026 to shareholders of record on May 13, 2026.

Rhea-AI Summary

Consolidated Edison (NYSE: ED) declared a quarterly cash dividend of $0.8875 per share on common stock, payable June 15, 2026 to shareholders of record on May 13, 2026. The announcement reiterates Con Edison’s ongoing cash-return policy to investors.

The company operates regulated electric, gas and steam utilities in New York and northern New Jersey and an FERC‑regulated transmission business.

Positive

• Dividend declared of $0.8875 per common share
• Payment date set for June 15, 2026 with record date May 13, 2026
• Signals cash return continuity for shareholders from a regulated utility

Negative

• No guidance provided on future dividend increases or long‑term payout policy
• Cash outflow will reduce available cash for other capital needs in Q2 2026

Argus Apr 17 session

-0.33% close to close 1.1x rel. volume Open Argus

Details

News Market Reaction – ED

On Apr 17, the first trading day after this news, ED closed 0.33% below the previous close.

Data tracked by StockTitan Argus for the Apr 17 session.

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NEW YORK, April 16, 2026 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 88.75 cents a share on its common stock, payable June 15, 2026 to stockholders of record as of May 13, 2026.

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., 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., 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/con-edison-declares-common-stock-dividend-302745304.html

SOURCE Consolidated Edison, Inc.

FAQ

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

How much is the Con Edison (ED) quarterly dividend declared April 16, 2026?

The dividend is $0.8875 per share payable June 15, 2026. According to the company, shareholders of record on May 13, 2026 will receive the cash payment, reflecting the regular quarterly distribution practice.

When will Con Edison (ED) shareholders receive the June 15, 2026 dividend?

Shareholders will be paid on June 15, 2026 if they are on the record list. According to the company, the record date to qualify is May 13, 2026, so holdings must be registered by that date.

What record date must investors meet to receive Con Edison (ED) dividend in June 2026?

Investors must be shareholders of record on May 13, 2026 to receive the dividend. According to the company, purchases after the record date will not qualify for the June 15, 2026 payment.

Does the Con Edison (ED) dividend announcement change the company’s business operations?

No operational changes were announced; the release focuses on a cash dividend of $0.8875. According to the company, its regulated electric, gas, steam and transmission businesses continue as described.

How does the Con Edison (ED) dividend affect shareholder cash flows in Q2 2026?

Qualified shareholders will receive a cash inflow of $0.8875 per share on June 15, 2026. According to the company, this scheduled payout reduces corporate cash reserves available for other Q2 2026 uses.

Where does Con Edison operate the utilities referenced in the April 16, 2026 dividend release?

Con Edison serves New York City, Westchester, southeastern New York and northern New Jersey and has a FERC‑regulated transmission unit. According to the company, these are the primary service regions tied to its regulated businesses.