Con Edison quarterly dividend 85.00c per share, prior 85.00c regular cash

Con Edison quarterly dividend 85.00c per share, prior 85.00c regular cash

July 2, 2025

Consolidated Edison, Inc. (Con Edison) has announced an increase in its quarterly dividend to 85 cents per share, payable on June 16, 2025 [1]. This marks a continuation of the company's consistent dividend policy, which has seen regular cash dividends of 85 cents per share since the previous period [1].

The dividend increase follows strong financial results reported for the first quarter of 2025, including notable increases in sales and earnings compared to the previous year [2]. The company's 3.77% share price increase over the last quarter aligns fairly closely with broader market trends, indicating that its performance has been well-received by investors [2].

Con Edison's regulated utility business focuses on energy delivery in New York, with predictable, inflation-resistant cash flows and strong regulatory protection. The company's stable earnings and consistent dividend payouts provide investors with a measure of security in an uncertain market [3].

Despite the recent increase in the dividend, analysts maintain a cautious outlook on the stock. The average rating for ED stock remains "Hold," with a 12-month stock price target of $103.36, representing a 2.74% upside from the latest price [1]. This suggests that while the dividend increase is a positive development, investors should remain vigilant and consider the broader market conditions and the company's future prospects.

As Con Edison continues to navigate the challenges of the energy sector, including the recent heatwave in New York that led to power grid stress and blackouts, investors should keep an eye on the company's earnings reports and regulatory environment [4]. The company's ability to maintain its dividend payout and grow its earnings will be crucial to its long-term success and investor appeal.

References:

[1] https://stockanalysis.com/stocks/ed/
[2] https://ca.finance.yahoo.com/quote/ED/latest-news/
[3] https://seekingalpha.com/article/4112000-consolidated-edison-company
[4] https://www.reuters.com/article/us-usa-power-heatwave-idUSKBN29Z2QH