Consolidated Edison Secures Spot on ”S.A.F.E. 25” Dividend List
Consistent Growth and Strong Yield Highlight Company’s Financial Stability
Consolidated Edison Inc (Symbol: ED) has been included in the ”S.A.F.E. 25” list by Dividend Channel, which highlights stocks with outstanding ”DividendRank” metrics. With a strong yield of 3.5% and an impressive record of more than 20 years of increasing dividends, Consolidated Edison demonstrates reliable financial health, as noted in the latest ”DividendRank” report.
Per the ETF Finder from ETF Channel, Consolidated Edison Inc is part of the iShares S&P 1500 Index ETF (ITOT) and constitutes 1.42% of the SPDR S&P Dividend ETF (SDY), which holds $302,411,892 worth of ED shares.
The inclusion of Consolidated Edison Inc in the “Dividend Channel S.A.F.E. 25” list is attributed to several key factors: S. Strong returns driven by a solid yield and excellent DividendRank attributes; A. Consistent increases in dividend payments; F. A flawless record with no missed or reduced dividends; E. A long-standing history of at least two decades of dividend payouts.
The company pays an annualized dividend of $3.32 per share, distributed quarterly. The most recent dividend ex-date was November 13, 2024. A detailed long-term dividend history chart for ED underscores this impressive track record, emphasizing its significance in the report.
Consolidated Edison Inc operates within the Electric Utilities sector, alongside other notable companies such as NextEra Energy Inc (NEE) and Southern Company (SO).
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Also see:
- RUBI market cap history
- ALTM Historical PE Ratio
- Funds Holding TLSI
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
