trending Market Intelligence /marketintelligence/en/news-insights/trending/nIc6IrFUdxUxFjH3ALIMuw2 content esgSubNav
In This List

Con Edison raises common stock dividend

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


Con Edison raises common stock dividend

Consolidated Edison Inc. announced a quarterly dividend of 76.5 cents per share of common stock, an increase from the previous dividend of 74 cents per share.

On an annualized basis, the new dividend represents an increase of 10 cents from the previous dividend of $2.96 per share.

The new quarterly dividend is payable March 16 to shareholders of record Feb. 19.

Con Edison continues to target a dividend payout ratio of 60% to 70% of its adjusted earnings.