Consolidated Edison Announces Quarterly Dividend of 85 Cents per Share

Consolidated Edison (ED) declares a quarterly dividend of 85 cents per share, payable on September 15, 2025. The company reported $15 billion in annual revenues for 2024 and holds $71 billion in assets as of March 2025. Con Edison provides diversified energy services through its subsidiaries across New York and parts of New Jersey.

NEW YORK, July 2, 2025 — Consolidated Edison, Inc. (NYSE: ED), one of the nation's largest investor-owned energy-delivery companies, has declared a quarterly dividend of 85 cents per share on its common stock. This dividend, payable on September 15, 2025, underscores the company's commitment to providing consistent returns to its shareholders.

The dividend, representing a 3.38% yield, will be distributed to stockholders of record as of August 13, 2025. This announcement maintains Con Edison's impressive 50-year streak of consecutive dividend increases, reflecting the company's strong commitment to shareholder returns [2].

With annual revenues of $15 billion for the year ended December 31, 2024, and assets totaling $71 billion as of March 31, 2025, Consolidated Edison operates through several key subsidiaries, including Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), and Con Edison Transmission, Inc. These subsidiaries provide essential electric, gas, and steam services to customers across New York and parts of New Jersey [3].

The company's robust 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 strong dividend policy, reflecting its commitment to shareholder value [3].

Analysts have maintained a Neutral rating for Consolidated Edison, with a price target of $112.00, indicating a balanced perspective on the company's prospects amid current regulatory and market conditions [2]. The earnings report for the second quarter of 2025 is scheduled for August 7, 2025, following the market close, providing further insights into the company's financial health and operational performance.

References:
[1] https://www.prnewswire.com/news-releases/con-edison-declares-common-stock-dividend-302508323.html
[2] https://za.investing.com/news/company-news/con-edison-declares-quarterly-dividend-of-85-cents-per-share-93CH-3794171
[3] https://www.ainvest.com/news/consolidated-edison-announces-common-stock-dividend-2507/