NYSE:EDIntegrated Utilities
A Look At Consolidated Edison’s Valuation As Dividend Increases Sustain Its Income Appeal
Consolidated Edison (ED) is back in focus after announcing another quarterly dividend increase and reaffirming its target payout ratio, a move that keeps the utility firmly on the radar of income focused investors.
See our latest analysis for Consolidated Edison.
The dividend news comes on top of a clear upswing in market sentiment, with a 30 day share price return of 9.55% and a 1 year total shareholder return of 22.85%. This suggests momentum has been building rather than fading.
If this...