Consolidated Edison's Consistent Dividend Payouts Make it a Reliable Option Among Cheap Dividend Stocks.

Consolidated Edison, Inc. (ED) is a utility company that provides electric and gas services in the New York City region. It has a history of consistent dividend payouts and plans to invest $38 billion in infrastructure through 2030, driving earnings growth and supporting dividend increases. ED's dividend yield is around 3.5%, making it an attractive option for investors seeking reliable income.

Consolidated Edison Inc. (ED), a major utility company providing electric and gas services in the New York City region, reported its Q1 2025 earnings and dividend update. The company reported a quarterly earnings per share (EPS) of $0.67, exceeding analysts' expectations of $0.66 Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1]. Revenue for the quarter was $3.60 billion, also surpassing analyst estimates of $3.39 billion Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1].

Consolidated Edison recently declared a quarterly dividend of $0.85 per share, translating to an annual yield of 3.5%, with a payout ratio of 61.71% Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1]. This dividend was paid on September 15, 2025, to shareholders of record as of August 13, 2025 Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1].

The company has set its FY 2025 guidance at 5.500-5.700 EPS. As a group, research analysts predict that Consolidated Edison Inc. will post 5.62 EPS for the current fiscal year Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1].

Institutional investors and hedge funds have shown interest in Consolidated Edison. Strs Ohio acquired a new stake in the company during the first quarter, purchasing 21,113 shares valued at approximately $2.3 million Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1]. Other notable investors include Alpine Bank Wealth Management, Fort Vancouver Investment Management LLC, Financial Network Wealth Advisors LLC, Cary Street Partners Investment Advisory LLC, and Wood Tarver Financial Group LLC Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1].

The stock has a market cap of $34.98 billion, a P/E ratio of 17.60, a PEG ratio of 2.71, and a beta of 0.28 Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1]. Shares of ED opened at $96.98 on Tuesday and have a 50-day moving average of $100.86 and a 200-day moving average of $103.90 Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1].

Analyst ratings are mixed, with three "Buy" ratings, six "Hold" ratings, and three "Sell" ratings. The consensus target price is $105.82 Strs Ohio Takes Position in Consolidated Edison Inc $ED^[1].