Consolidated Edison Inc (NYSE:ED) will begin trading ex-dividend on November 17, 2020. The quarterly dividend payment of $ 0.765 per share is scheduled to be paid on December 15, 2020. The dividend yield based on the latest trading day closing price was 3.75 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 17, 2020.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Consolidated Edison Inc
Consolidated Edison Inc recently reported second quarter financial results on August 6, 2020, after market close, the New York based company recorded income for the second quarter of $ 0.60 per share, from the revenue of $ 2,719.00 million. The quarterly earnings elevated 3.45 percent while revenues decreased 0.91 percent compared with the same quarter last year.
Wall street analysts are predicting, ED to report 2Q20 income of $ 0.54 per share from revenue of $ 2816.71 million. The bottom line results beat street analysts by $ 0.06 or 11.11 percent, at the same time, top line results fell short of analysts by $ 97.71 million or 3.47 percent.
Stock Performance
On Friday, shares of Consolidated Edison Inc has traded high as $ 81.75 and has cracked $ 80.50 on the downward trend, reaching $ 81.63 with volume of 1.71 million shares.
According to the previous trading day, closing price of $ 81.63, representing a 29.79 % increase from the 52 week low of $ 62.03 and a 15.34 % decrease over the 52 week high of $ 95.10.
The company has a market capital of $ 27.33 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.
Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,622 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York, and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York.
