Ankündigung • May 10
Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion. Consolidated Edison, Inc. has filed a Follow-on Equity Offering in the amount of $2 billion.
Security Name: Common Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Ankündigung • Apr 17
Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on June 15, 2026 Consolidated Edison, Inc. declared a quarterly dividend of 88.75 cents a share on its common stock, payable June 15, 2026 to stockholders of record as of May 13, 2026. Declared Dividend • Feb 02
Third quarter dividend of US$0.89 announced Shareholders will receive a dividend of US$0.89. Ex-date: 18th February 2026 Payment date: 16th March 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jan 28
Consolidated Edison, Inc. Declares Quarterly Common Stock Dividend, Payable on March 16, 2026 Consolidated Edison, Inc. declared a quarterly dividend of 88.75 cents a share on its common stock, payable March 16, 2026 to stockholders of record as of February 18, 2026, an annualized increase of 15 cents over the previous annualized dividend of $3.40 a share. Ankündigung • Jan 16
Consolidated Edison, Inc. to Report Fiscal Year 2025 Results on Feb 19, 2026 Consolidated Edison, Inc. announced that they will report fiscal year 2025 results After-Market on Feb 19, 2026 Declared Dividend • Nov 10
Third quarter dividend of US$0.85 announced Shareholders will receive a dividend of US$0.85. Ex-date: 19th November 2025 Payment date: 15th December 2025 Dividend yield will be 3.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Oct 22
Consolidated Edison, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Consolidated Edison, Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Ankündigung • Oct 17
Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on December 15, 2025 Consolidated Edison, Inc. declared a quarterly dividend of 85 cents a share on its common stock, payable December 15, 2025 to stockholders of record as of November 19, 2025. Board Change • Sep 15
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Cathy Zoi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Aug 07
Consolidated Edison, Inc. Elects Brendan Cavanagh to Board of Director, Safety, Environment, Operations and Sustainability Committees and the Audit Committees, Effective October 1, 2025 Consolidated Edison, Inc. announced that its Board of Directors elected Brendan Cavanagh to Con Edison's Board of Directors, effective October 1, 2025. Mr. Cavanagh was appointed to the Safety, Environment, Operations and Sustainability Committees and the Audit Committees of the Boards, effective October 1, 2025. Mr. Cavanagh is currently the President and Chief Executive Officer of SBA Communications Corporation . Mr. Cavanagh is an experienced executive with broad financial expertise. He has been in his current role since January 2024, and has overseen a significant expansion of SBA's assets. Prior to becoming CEO, Mr. Cavanagh served as Chief Financial Officer of SBA for 15 years. During his 27-year career at SBA, he also served in other senior leadership roles, including Vice President and Chief Accounting Officer and Vice President of Site Administration. Prior to joining SBA, he worked for Arthur Andersen in the audit and assurance practice. Mr. Cavanagh holds a bachelor's degree in accounting from Wake Forest University, and a master's in business administration from Florida Atlantic University. Ankündigung • Jul 18
Con Edison Declares Common Stock Dividend, Payable on September 15, 2025 Consolidated Edison, Inc. declared a quarterly dividend of 85 cents a share on its common stock, payable September 15, 2025 to stockholders of record as of August 13, 2025. Ankündigung • Jul 11
Consolidated Edison, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Consolidated Edison, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Board Change • May 23
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Cathy Zoi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 07
Upcoming dividend of US$0.85 per share Eligible shareholders must have bought the stock before 14 May 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Austrian dividend payers (5.0%). Lower than average of industry peers (5.2%). Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$2.26 (vs US$2.08 in 1Q 2024) First quarter 2025 results: EPS: US$2.26 (up from US$2.08 in 1Q 2024). Revenue: US$4.80b (up 12% from 1Q 2024). Net income: US$791.0m (up 9.9% from 1Q 2024). Profit margin: 17% (in line with 1Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Declared Dividend • Apr 21
Fourth quarter dividend of US$0.85 announced Shareholders will receive a dividend of US$0.85. Ex-date: 14th May 2025 Payment date: 16th June 2025 Dividend yield will be 3.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 18
Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on June 16, 2025 Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 85 cents a share on its common stock, payable June 16, 2025 to stockholders of record as of May 14, 2025. Ankündigung • Apr 12
Consolidated Edison, Inc., Annual General Meeting, May 19, 2025 Consolidated Edison, Inc., Annual General Meeting, May 19, 2025. Ankündigung • Apr 10
Consolidated Edison, Inc. to Report Q1, 2025 Results on May 01, 2025 Consolidated Edison, Inc. announced that they will report Q1, 2025 results After-Market on May 01, 2025 Board Change • Apr 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Cathy Zoi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Cathy Zoi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Mar 06
Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $631.3293 million. Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $631.3293 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 6,300,000
Price\Range: $100.211 Ankündigung • Mar 05
Consolidated Edison, Inc. has filed a Follow-on Equity Offering. Consolidated Edison, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 6,300,000 Upcoming Dividend • Feb 12
Upcoming dividend of US$0.85 per share Eligible shareholders must have bought the stock before 19 February 2025. Payment date: 14 March 2025. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Austrian dividend payers (5.9%). Lower than average of industry peers (5.7%). Board Change • Jan 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Cathy Zoi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Dec 05
Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $676.62 million. Consolidated Edison, Inc. has completed a Follow-on Equity Offering in the amount of $676.62 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 7,000,000
Price\Range: $96.66 Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$1.70 (vs US$1.53 in 3Q 2023) Third quarter 2024 results: EPS: US$1.70 (up from US$1.53 in 3Q 2023). Revenue: US$4.09b (up 5.7% from 3Q 2023). Net income: US$588.0m (up 12% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year. Upcoming Dividend • Nov 06
Upcoming dividend of US$0.83 per share Eligible shareholders must have bought the stock before 13 November 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Austrian dividend payers (6.1%). Lower than average of industry peers (5.9%). Ankündigung • Oct 24
Consolidated Edison, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Consolidated Edison, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Declared Dividend • Oct 22
Second quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 13th November 2024 Payment date: 16th December 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Oct 18
Consolidated Edison, Inc. Declares Quarterly Common Stock Dividend, Payable on December 16, 2024 Consolidated Edison, Inc. declared a quarterly dividend of 83 cents a share on its common stock, payable December 16, 2024 to stockholders of record as of November 13, 2024. Upcoming Dividend • Aug 07
Upcoming dividend of US$0.83 per share Eligible shareholders must have bought the stock before 14 August 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Austrian dividend payers (6.0%). Lower than average of industry peers (6.1%). Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: US$0.58 (vs US$0.65 in 2Q 2023) Second quarter 2024 results: EPS: US$0.58 (down from US$0.65 in 2Q 2023). Revenue: US$3.22b (up 9.4% from 2Q 2023). Net income: US$202.0m (down 11% from 2Q 2023). Profit margin: 6.3% (down from 7.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Integrated Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 22
First quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 14th August 2024 Payment date: 16th September 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jul 19
Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on September 16, 2024 Consolidated Edison, Inc. (Con Edison) 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. Ankündigung • Jul 12
Consolidated Edison, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Consolidated Edison, Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024 Upcoming Dividend • May 10
Upcoming dividend of US$0.83 per share Eligible shareholders must have bought the stock before 14 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of Austrian dividend payers (5.8%). Lower than average of industry peers (5.5%). Reported Earnings • May 03
First quarter 2024 earnings released: EPS: US$2.08 (vs US$4.06 in 1Q 2023) First quarter 2024 results: EPS: US$2.08 (down from US$4.06 in 1Q 2023). Revenue: US$4.28b (down 2.8% from 1Q 2023). Net income: US$720.0m (down 50% from 1Q 2023). Profit margin: 17% (down from 33% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Integrated Utilities industry in Europe. Declared Dividend • Apr 24
Fourth quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 14th May 2024 Payment date: 14th June 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.1% over the next 3 years. However, it would need to fall by 50% to increase the payout ratio to a potentially unsustainable range. Ankündigung • Apr 19
Consolidated Edison, Inc. Declares Quarterly Dividend, Payable June 14, 2024 Consolidated Edison, Inc. declared a quarterly dividend of 83 cents a share on its common stock, payable June 14, 2024 to stockholders of record as of May 15,2024. Ankündigung • Apr 12
Consolidated Edison, Inc. to Report Q1, 2024 Results on May 02, 2024 Consolidated Edison, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024 Ankündigung • Apr 11
Consolidated Edison, Inc., Annual General Meeting, May 20, 2024 Consolidated Edison, Inc., Annual General Meeting, May 20, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect as the members of the Board of Directors the twelve nominees named in the Proxy Statement; to ratify the appointment of PricewaterhouseCoopers LLP as independent accountants for 2024; to approve, on an advisory basis, named executive officer compensation; to approve the Company’s Stock Purchase Plan; and to transact such other business as may properly come before the meeting, or any adjournment or postponement of the meeting. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$7.25 (vs US$4.68 in FY 2022) Full year 2023 results: EPS: US$7.25 (up from US$4.68 in FY 2022). Revenue: US$14.7b (down 6.4% from FY 2022). Net income: US$2.52b (up 52% from FY 2022). Profit margin: 17% (up from 11% in FY 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Upcoming Dividend • Feb 06
Upcoming dividend of US$0.83 per share at 3.6% yield Eligible shareholders must have bought the stock before 13 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Austrian dividend payers (5.1%). Lower than average of industry peers (5.6%). Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 6 highly experienced directors. Independent Director Karol Mason was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 19
Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on March 15, 2024 Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of 83 cents a share on its common stock, payable March 15, 2024 to stockholders of record as of February 14, 2024, an annualized increase of 8 cents over the previous annualized dividend of $3.24 a share. Ankündigung • Jan 17
Consolidated Edison, Inc. to Report Q4, 2023 Results on Feb 15, 2024 Consolidated Edison, Inc. announced that they will report Q4, 2023 results After-Market on Feb 15, 2024 Upcoming Dividend • Nov 07
Upcoming dividend of US$0.81 per share at 3.6% yield Eligible shareholders must have bought the stock before 14 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Austrian dividend payers (5.4%). Lower than average of industry peers (5.7%). Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: US$1.53 (vs US$1.73 in 3Q 2022) Third quarter 2023 results: EPS: US$1.53 (down from US$1.73 in 3Q 2022). Revenue: US$3.87b (down 7.0% from 3Q 2022). Net income: US$526.0m (down 14% from 3Q 2022). Profit margin: 14% (down from 15% in 3Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 1.7% decline forecast for the Integrated Utilities industry in Europe. Ankündigung • Oct 05
Consolidated Edison, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Consolidated Edison, Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Upcoming Dividend • Aug 08
Upcoming dividend of US$0.81 per share at 3.6% yield Eligible shareholders must have bought the stock before 15 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Austrian dividend payers (5.5%). Lower than average of industry peers (5.8%). New Risk • Aug 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings are forecast to decline by an average of 2.1% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.65 (vs US$0.72 in 2Q 2022) Second quarter 2023 results: EPS: US$0.65 (down from US$0.72 in 2Q 2022). Revenue: US$2.94b (down 14% from 2Q 2022). Net income: US$226.0m (down 11% from 2Q 2022). Profit margin: 7.7% (up from 7.5% in 2Q 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Integrated Utilities industry in Europe. Ankündigung • Jul 18
Consolidated Edison, Inc. to Report Q2, 2023 Results on Aug 03, 2023 Consolidated Edison, Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Upcoming Dividend • May 09
Upcoming dividend of US$0.81 per share at 3.3% yield Eligible shareholders must have bought the stock before 16 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Austrian dividend payers (5.5%). Lower than average of industry peers (5.4%). Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$4.06 (vs US$1.70 in 1Q 2022) First quarter 2023 results: EPS: US$4.06 (up from US$1.70 in 1Q 2022). Revenue: US$4.40b (up 8.4% from 1Q 2022). Net income: US$1.43b (up 138% from 1Q 2022). Profit margin: 33% (up from 15% in 1Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: US$4.68 (vs US$3.86 in FY 2021) Full year 2022 results: EPS: US$4.68 (up from US$3.86 in FY 2021). Revenue: US$15.7b (up 15% from FY 2021). Net income: US$1.66b (up 23% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.7% growth forecast for the Integrated Utilities industry in Europe. Upcoming Dividend • Feb 07
Upcoming dividend of US$0.81 per share at 3.5% yield Eligible shareholders must have bought the stock before 14 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Austrian dividend payers (5.2%). Lower than average of industry peers (4.9%). Ankündigung • Jan 25
Consolidated Edison, Inc. to Report Fiscal Year 2022 Results on Feb 16, 2023 Consolidated Edison, Inc. announced that they will report fiscal year 2022 results at 4:00 PM, US Eastern Standard Time on Feb 16, 2023 Ankündigung • Jan 20
Consolidated Edison, Inc. Declares Common Stock Dividend, Payable March 15, 2023 Consolidated Edison, Inc. declared quarterly dividend of 81 cents a share on its common stock, payable March 15, 2023 to stockholders of record as of February 15, 2023, an annualized increase of 8 cents over the previous annualized dividend of $3.16 a share. Upcoming Dividend • Nov 08
Upcoming dividend of US$0.79 per share Eligible shareholders must have bought the stock before 15 November 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Austrian dividend payers (5.6%). Lower than average of industry peers (5.2%). Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$1.73 (vs US$1.52 in 3Q 2021) Third quarter 2022 results: EPS: US$1.73 (up from US$1.52 in 3Q 2021). Revenue: US$4.17b (up 15% from 3Q 2021). Net income: US$613.0m (up 14% from 3Q 2021). Profit margin: 15% (in line with 3Q 2021). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, while revenues in the Integrated Utilities industry in Europe are expected to remain flat. Ankündigung • Oct 21
Consolidated Edison, Inc. Declares Quarterly Dividend, Payableon December 15, 2022 Consolidated Edison, Inc. declared a quarterly dividend of 79 cents a share on its common stock, payable December 15, 2022 to stockholders of record as of November 16, 2022. Ankündigung • Oct 12
Consolidated Edison, Inc. to Report Q3, 2022 Results on Nov 03, 2022 Consolidated Edison, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2022 Ankündigung • Oct 03
RWE Renewables Americas, LLC signed a purchase agreement to acquire Con Edison Clean Energy Businesses, Inc. from Consolidated Edison, Inc. (NYSE:ED) for $6.8 billion. RWE Renewables Americas, LLC signed a purchase agreement to acquire Con Edison Clean Energy Businesses, Inc. from Consolidated Edison, Inc. (NYSE:ED) for $6.8 billion on October 1, 2022. The purchase price is subject to certain customary adjustments. Financing of the acquisition and the additional growth are funded through debt instruments and an equity capital measure undertaken by RWE AG. Equity will be raised via issuance of a mandatory convertible bond to a subsidiary of QIA (Qatar Investment Authority). The mandatory convertible bond will have an aggregate principal amount of €2,427.6 million and will be converted into new ordinary bearer shares, expected to represent just under 10% of RWE AG’s existing share capital (approximately 9.09% post conversion). RWE maintains its plan to pay a dividend of €0.90 per share for fiscal 2022. The transaction is subject to customary closing conditions, including, among other things, expiration or early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended and approvals by the Committee on Foreign Investment in the United States and the Federal Energy Regulatory Commission and customary regulatory approvals and is expected to take place in the first half of 2023. Con Edison was represented by Barclays as financial advisor and Latham & Watkins, LLP as legal advisor. Furthermore, with EBITDA of around $600 million from year one on, the acquisition is earnings accretive. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.79 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Austrian dividend payers (5.2%). Lower than average of industry peers (4.9%). Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.72 (vs US$0.48 in 2Q 2021) Second quarter 2022 results: EPS: US$0.72 (up from US$0.48 in 2Q 2021). Revenue: US$3.42b (up 15% from 2Q 2021). Net income: US$255.0m (up 55% from 2Q 2021). Profit margin: 7.5% (up from 5.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 3.2% growth forecast for the industry in Austria. Ankündigung • Jul 22
Consolidated Edison, Inc. Declares Common Stock Dividend, Payable on September 15, 2022 Consolidated Edison, Inc. declared a quarterly dividend of 79 cents a share on its common stock, payable September 15, 2022 to stockholders of record as of August 17, 2022. Ankündigung • Jul 07
Consolidated Edison, Inc. to Report Q2, 2022 Results on Aug 04, 2022 Consolidated Edison, Inc. announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Upcoming Dividend • May 10
Upcoming dividend of US$0.79 per share Eligible shareholders must have bought the stock before 17 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Austrian dividend payers (4.5%). Lower than average of industry peers (4.4%). Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$1.70 (vs US$1.22 in 1Q 2021) First quarter 2022 results: EPS: US$1.70 (up from US$1.22 in 1Q 2021). Revenue: US$4.06b (up 10% from 1Q 2021). Net income: US$602.0m (up 44% from 1Q 2021). Profit margin: 15% (up from 11% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 1.4% growth forecast for the industry in Austria. Ankündigung • Apr 22
Consolidated Edison, Inc. Declares Quarterly Dividend, Payable on June 15, 2022 Consolidated Edison, Inc. declared a quarterly dividend of 79 cents a share on its common stock, payable June 15, 2022 to stockholders of record as of May 18, 2022. Ankündigung • Apr 08
Consolidated Edison, Inc. to Report Q1, 2022 Results on May 05, 2022 Consolidated Edison, Inc. announced that they will report Q1, 2022 results After-Market on May 05, 2022 Ankündigung • Mar 01
Consolidated Edison, Inc., Annual General Meeting, May 16, 2022 Consolidated Edison, Inc., Annual General Meeting, May 16, 2022, at 10:00 Eastern Daylight. Recent Insider Transactions • Feb 24
Non-Independent Non-Executive Director recently sold €5.6m worth of stock On the 22nd of February, John McAvoy sold around 75k shares on-market at roughly €74.68 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.4m more than they bought in the last 12 months. Reported Earnings • Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$3.86 (up from US$3.29 in FY 2020). Revenue: US$13.7b (up 12% from FY 2020). Net income: US$1.35b (up 22% from FY 2020). Profit margin: 9.8% (in line with FY 2020). Revenue exceeded analyst estimates by 3.8%. Over the next year,revenue is forecast to stay flat, in line with the revenue forecast for the industry in Austria. Upcoming Dividend • Feb 08
Upcoming dividend of US$0.79 per share Eligible shareholders must have bought the stock before 15 February 2022. Payment date: 15 March 2022. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Austrian dividend payers (3.5%). In line with average of industry peers (3.6%). Recent Insider Transactions • Dec 08
VP & Treasurer recently sold €103k worth of stock On the 3rd of December, Yukari Saegusa sold around 1k shares on-market at roughly €71.28 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €143k more than they sold in the last 12 months. Upcoming Dividend • Nov 09
Upcoming dividend of US$0.78 per share Eligible shareholders must have bought the stock before 16 November 2021. Payment date: 15 December 2021. Trailing yield: 4.0%. Within top quartile of Austrian dividend payers (3.5%). In line with average of industry peers (3.8%). Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS US$1.52 (vs US$1.47 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$3.61b (up 8.4% from 3Q 2020). Net income: US$538.0m (up 9.1% from 3Q 2020). Profit margin: 15% (in line with 3Q 2020). Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$0.48 (vs US$0.57 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$2.97b (up 9.3% from 2Q 2020). Net income: US$165.0m (down 13% from 2Q 2020). Profit margin: 5.6% (down from 7.0% in 2Q 2020). 
