ED Named Top 25 SAFE Dividend Stock Increasing Payments For Decades

By
A A A

Consolidated Edison, Inc. (Symbol: ED) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.7% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel , Consolidated Edison, Inc. is a member of the iShares S&P 1500 Index ETF ( ITOT ), and is also an underlying holding representing 2.38% of the SPDR S&P Dividend ETF ( SDY ), which holds $280,657,934 worth of ED shares.

Consolidated Edison, Inc. (Symbol: ED) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S . Solid return - hefty yield and strong DividendRank characteristics; A. Accelerating amount - consistent dividend increases over time; F . Flawless history - never a missed or lowered dividend; E. Enduring - at least two decades of dividend payments.

The annualized dividend paid by Consolidated Edison, Inc. is $2.52/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 02/10/2014. Below is a long-term dividend history chart for ED, which the report stressed as being of key importance.

ED+Dividend+History+Chart

ED operates in the Electric Utilities sector, among companies like Companhia Paranaense De Energia - COPEL ( ELP ), and Companhia Energetica de Minas Gerais - CEMIG ( CIG ).

Top 25 S.A.F.E. Dividend Stocks Increasing Payments For Decades »



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



This article appears in: Investing , ETFs

Referenced Stocks: ITOT , SDY , ELP , CIG , ED

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

Stocks

Referenced

Most Active by Volume

48,099,947
  • $16.09 ▲ 0.50%
40,277,806
  • $102.50 ▲ 0.24%
40,236,499
  • $19.57 ▲ 2.35%
31,092,510
  • $49.75 ▲ 0.65%
30,795,218
  • $34.92 ▲ 0.78%
29,910,855
  • $3.63 ▲ 0.83%
24,019,154
  • $13.06 ▼ 0.38%
23,753,906
  • $74.82 ▲ 1.31%
As of 8/29/2014, 04:04 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com