Consolidated Edison, Inc. (ED) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 3.6% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.
According to the ETF Finder at ETF Channel, Consolidated Edison is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.534285% of the SPDR S&P Dividend ETF (SDY), which holds $213,325,947.60 worth of ED shares.
Consolidated Edison made the “Dividend Channel S.A.F.E. 25” list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »
The annualized dividend paid by Consolidated Edison Inc is $2.68 per share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/14/2016.
Below is a long-term dividend history chart for ED, which the report stressed as being of key importance.
ED operates in the Electric Utilities sector, among companies like Companhia Paranaense de Energia (ADR) (ELP), and NextEra Energy Inc (NEE).
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