Consolidated Edison Inc (
) will begin trading ex-dividend on August 12, 2013. A cash
dividend payment of $0.615 per share is scheduled to be paid on
September 15, 2013. Shareholders who purchased ED stock prior to
the ex-dividend date are eligible for the cash dividend payment.
This marks the 3rd quarter that ED has paid the same dividend. At
the current stock price of $60.59, the dividend yield is 4.06%.
The previous trading day's last sale of ED was $60.59,
representing a -5.53% decrease from the 52 week high of $64.14 and
a 12.98% increase over the 52 week low of $53.63.
ED is a part of the Public Utilities sector, which includes
companies such as Duke Energy Corporation (
) and Exelon Corporation (
). ED's current earnings per share, an indicator of a company's
profitability, is $3.42. Zacks Investment Research reports ED's
forecasted earnings growth in 2013 as .38%, compared to an industry
average of 2.9%.
For more information on the declaration, record and payment
dates, visit the
Interested in gaining exposure to ED through an Exchange
Traded Fund [ETF]?
The following ETF(s) have ED as a top-10 holding:
- Select Sector SPDR Fund - Utilities (
- Vanguard Utilities ETF (
- SPDR S&P Dividend ETF (
- PowerShares High Yield Equity Dividend Achievers Portfolio (
- PowerShares S&P 500 Low Volatility Portfolio ETF (
The top-performing ETF of this group is PEY with an increase of
9.75% over the last 100 days. XLU has the highest percent weighting
of ED at 3.57%.