CON EDISON DECLARES COMMON STOCK DIVIDEND

Rhea-AI Summary

Consolidated Edison, Inc. (NYSE: ED) has declared a quarterly dividend of 83 cents per share on its common stock. The dividend is payable on September 16, 2024 to stockholders of record as of August 14, 2024. Con Edison is one of the largest investor-owned energy-delivery companies in the U.S., with annual revenues of approximately $15 billion and assets of $67 billion. The company provides energy-related products and services through its subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), and Con Edison Transmission, Inc. These subsidiaries serve various regions in New York State and northern New Jersey, offering electric, gas, and steam services.

Positive

• Consistent dividend payment, indicating financial stability
• Large asset base of $67 billion
• Substantial annual revenue of approximately $15 billion
• Diversified energy services portfolio across multiple subsidiaries

Negative

• None.

NEW YORK , July 18, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 83 cents a share on its common stock, payable September 16, 2024 to stockholders of record as of August 14, 2024.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues and $67 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc. (O&R), a regulated utility serving customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey; and Con Edison Transmission, Inc., which falls primarily under the oversight of the Federal Energy Regulatory Commission and manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that will bring clean, renewable electricity to customers, focusing on New York and the Northeast.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/con-edison-declares-common-stock-dividend-302201134.html

SOURCE Consolidated Edison, Inc.

FAQ

What is the amount of Con Edison's (ED) quarterly dividend for September 2024?

Con Edison (ED) has declared a quarterly dividend of 83 cents per share for September 2024.

When is the payment date for Con Edison's (ED) latest declared dividend?

The payment date for Con Edison's (ED) latest declared dividend is September 16, 2024.

What is the record date for Con Edison's (ED) September 2024 dividend?

The record date for Con Edison's (ED) September 2024 dividend is August 14, 2024.

What are Con Edison's (ED) approximate annual revenues and total assets?

Con Edison (ED) reports approximate annual revenues of $15 billion and total assets of $67 billion.