Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for August 12, 2013


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Consolidated Edison Inc ( ED ) 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 ( DUK ) and Exelon Corporation ( EXC ). 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 ED Dividend History page.

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 ( XLU )
  • Vanguard Utilities ETF ( VPU )
  • SPDR S&P Dividend ETF ( SDY )
  • PowerShares High Yield Equity Dividend Achievers Portfolio ( PEY )
  • PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ).

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%.

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: DUK , ED , EXC , PEY , SDY , SPLV , VPU , XLU

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