Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for February 11, 2013


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Consolidated Edison Inc ( ED ) will begin trading ex-dividend on February 11, 2013. A cash dividend payment of $0.615 per share is scheduled to be paid on March 15, 2013. Shareholders who purchased ED stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.65% increase over the prior quarter.

The previous trading day's last sale of ED was $56.83, representing a -13.04% decrease from the 52 week high of $65.35 and a 5.97% 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 $3.86. Zacks Investment Research reports ED's forecasted earnings growth in 2013 as 2.02%, compared to an industry average of 5.7%.

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 )
  • iShares Dow Jones U.S. Utilities Index Fund ( IDU )
  • Vanguard Utilities ETF ( VPU )
  • PowerShares Dynamic Utilities ( PUI )
  • SPDR S&P Dividend ETF ( SDY ).

The top-performing ETF of this group is SDY with an increase of 7.16% over the last 100 days. XLU has the highest percent weighting of ED at 3.75%.

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
Referenced Stocks: DUK , ED , EXC , IDU , PUI , SDY , VPU , XLU

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