Consolidated Edison Inc ( ED ) will begin trading ex-dividend on February 13, 2017. A cash dividend payment of $0.69 per share is scheduled to be paid on March 15, 2017. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.99% increase over prior dividend payment.
The previous trading day's last sale of ED was $74.39, representing a -9.15% decrease from the 52 week high of $81.88 and a 8.69% increase over the 52 week low of $68.44.
ED is a part of the Public Utilities sector, which includes companies such as Duke Energy Corporation ( DUK ) and Exelon Corporation ( EXCU ). ED's current earnings per share, an indicator of a company's profitability, is $4.04. Zacks Investment Research reports ED's forecasted earnings growth in 2016 as -2.39%, compared to an industry average of -2%.
Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]?
The following ETF(s) have ED as a top-10 holding:
- Guggenheim S&P 500 Equal Weight Utilities ETF ( RYU )
- iShares Edge MSCI Min Vol Global ETF ( ACWV )
- ProShares S&P 500 Aristocrats ETF ( NOBL ).
The top-performing ETF of this group is NOBL with an increase of 2.41% over the last 100 days. RYU has the highest percent weighting of ED at 3.04%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.