Consolidated Edison Announces Common Stock Dividend.

Consolidated Edison, Inc. is a large energy-delivery company with $15 billion in annual revenues and $71 billion in assets. The company has subsidiaries including Consolidated Edison Company of New York, Orange and Rockland Utilities, and Con Edison Transmission.

Consolidated Edison, Inc., a prominent energy-delivery company, has reported strong financial performance for the year ended December 31, 2024. With annual revenues of $15 billion and assets totaling $71 billion as of March 31, 2025, the company continues to be a significant player in the utility sector [1].

The company operates through key subsidiaries such as Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), and Con Edison Transmission, providing essential electric, gas, and steam services to customers across New York and parts of New Jersey [2].

Consolidated Edison's financial health is bolstered by its stable, regulated utility business, which offers predictable, inflation-resistant cash flows and strong regulatory protection. Despite a decline in net income, the company maintains a robust dividend policy, recently declaring a quarterly dividend of 85 cents per share [3].

The company's stock has been rated "Hold" by analysts, with a 12-month price target of $103.36, reflecting a 2.74% upside from the latest price [1]. This indicates a cautious but positive outlook from the investment community.

Consolidated Edison's earnings report for the second quarter of 2025 is scheduled for August 7, 2025, following the market close. This report will provide further insights into the company's financial health and operational performance.

References:
[1] https://stockanalysis.com/stocks/ed/
[2] https://www.stocktitan.net/news/ED/con-edison-declares-common-stock-aheb94muam4v.html
[3] https://www.prnewswire.com/news-releases/con-edison-declares-common-stock-dividend-302508323.html