Consolidated Edison Inc ( ED ) will begin trading ex-dividend on February 12, 2019. A cash dividend payment of $0.74 per share is scheduled to be paid on March 15, 2019. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.5% increase over prior dividend payment.
The previous trading day's last sale of ED was $78.93, representing a -6.39% decrease from the 52 week high of $84.32 and a 10.98% increase over the 52 week low of $71.12.
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 $4.98. Zacks Investment Research reports ED's forecasted earnings growth in 2018 as 5.28%, compared to an industry average of 8.4%.
Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]?
The following ETF(s) have ED as a top-10 holding:
- John Hancock Multifactor Utilities ETF ( JHMU )
- First Trust Utilities AlphaDEX Fund ( FXU )
- SPDR Select Sector Fund - Utilities ( XLU )
- iShares U.S. Utilities ETF ( IDU )
- Vanguard Utilities ETF ( VPU ).
The top-performing ETF of this group is JHMU with an increase of 3.39% over the last 100 days. It also has the highest percent weighting of ED at 4.53%.