Consolidated Edison Dividends and Buybacks
Dividend criteria checks 4/6
Consolidated Edison is a dividend paying company with a current yield of 3.38% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 13th November, 2024.
Key information
3.4%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 13 Nov 24 |
| Dividend per share | €3.056 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ED's dividends per share have been stable in the past 10 years.
Growing Dividend: ED's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Consolidated Edison Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ED) | 3.4% |
| Market Bottom 25% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Integrated Utilities) | 5.9% |
| Analyst forecast (ED) (up to 3 years) | 3.6% |
Notable Dividend: ED's dividend (3.38%) is higher than the bottom 25% of dividend payers in the Austrian market (2.09%).
High Dividend: ED's dividend (3.38%) is low compared to the top 25% of dividend payers in the Austrian market (6.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.9%), ED's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ED is paying a dividend but the company has no free cash flows.