Dividend Insights for Consolidated Edison: Key Information Before Ex-Dividend Date of Aug 13, 2025

Consolidated Edison has announced its upcoming dividend distribution, with the ex-dividend date set for Aug 13, 2025. The company declared a dividend of $0.850 per share, payable on Sep 15, 2025. This figure is notably higher than the average of the last ten dividends, which stood at $0.615 per share. The type of dividend issued is a cash dividend. The previous dividend was distributed on Jun 16, 2025, also at $0.850 per share, maintaining consistency in the dividend amount.

Recently, Consolidated Edison has been in the spotlight due to several developments. Over the past week, reports have highlighted the company's financial performance in the second quarter of 2025. Consolidated Edison reported adjusted earnings per share of $0.67, exceeding analyst expectations of $0.65. This positive financial performance was driven by an increase in the electric rate base and higher revenues. As of late, the company has also proposed significant rate increases for electricity and natural gas, suggesting potential changes for customer bills in 2026.

In recent updates, the company has disclosed its second quarter net income for common stock, amounting to $246 million or $0.68 per share. This reflects a strong financial performance compared to the prior year, underscoring Consolidated Edison's stable earnings and revenue growth. Additionally, Brendan Cavanagh, an experienced executive, has joined the Board of Directors, potentially bringing positive momentum to the company's strategic direction.

In conclusion, Consolidated Edison continues to demonstrate strong financial health with consistent dividends and positive earnings reports. Investors should note that the ex-dividend date is Aug 13, 2025, which marks the last day to purchase shares and receive the dividend. Any acquisitions made after this date will not qualify for the current dividend distribution.