Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for May 12, 2014


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Consolidated Edison Inc ( ED ) will begin trading ex-dividend on May 12, 2014. A cash dividend payment of $0.63 per share is scheduled to be paid on June 15, 2014. Shareholders who purchased ED stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.44% increase over the same period a year ago. At the current stock price of $57.41, the dividend yield is 4.39%.

The previous trading day's last sale of ED was $57.41, representing a -8.11% decrease from the 52 week high of $62.48 and a 9.92% increase over the 52 week low of $52.23.

ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXC ). ED's current earnings per share, an indicator of a company's profitability, is $3.6. Zacks Investment Research reports ED's forecasted earnings growth in 2014 as -1.5%, compared to an industry average of 2.9%.

For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]?
The following ETF(s) have ED as a top-10 holding:

  • SPDR S&P Dividend ETF ( SDY )
  • iShares MSCI USA Size Factor ( SIZE ).

The top-performing ETF of this group is SIZE with an increase of 8.41% over the last 100 days. SDY has the highest percent weighting of ED at 2.27%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
More Headlines for: ED , DUK , EXC , SDY , SIZE

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