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Consolidated Edison Inc (ED) Ex-Dividend Date Scheduled for May 16, 2016

Consolidated Edison Inc ( ED ) will begin trading ex-dividend on May 16, 2016. A cash dividend payment of $0.67 per share is scheduled to be paid on June 15, 2016. Shareholders who purchased ED prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.08% increase over the same period a year ago. At the current stock price of $74.96, the dividend yield is 3.58%.

The previous trading day's last sale of ED was $74.96, representing a -2.94% decrease from the 52 week high of $77.23 and a 31.83% increase over the 52 week low of $56.86.

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 $3.84. Zacks Investment Research reports ED's forecasted earnings growth in 2016 as -1.45%, compared to an industry average of -2.1%.

For more information on the declaration, record and payment dates, visit the ED Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to ED through an Exchange Traded Fund [ETF]?

The following ETF(s) have ED as a top-10 holding:

  • PowerShares Russell Midcap Pure Value Portfolio ( PXMV )
  • ProShares DJ Brookfield Global Infrastructure ETF ( TOLZ ).

The top-performing ETF of this group is TOLZ with an increase of 9.29% over the last 100 days. PXMV has the highest percent weighting of ED at 1.47%.

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


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

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