NYSE:EDIntegrated Utilities
Consolidated Edison (NYSE:ED) Declares Quarterly Dividend Of US$0.85 Per Share
Consolidated Edison (NYSE:ED) recently affirmed a quarterly dividend of 85 cents per share, scheduled to be paid in June 2025. This announcement, coupled with a successful equity offering of 6.3 million shares raising $631 million, might have provided support to the company's stock, which saw a 20% increase over the last quarter. This gain was in line with the market's broader positive trend, up 6% over the past year. Despite a decrease in net income for the full year and fourth quarter of...