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Consolidated Edison, Inc. Dividends Banner

Consolidated Edison, Inc. Dividends

ED Stock Analysis

Page title

Section title

Dividend Yield
3.18%
Payout Ratio
63.44%
Dividend Amount Per Share
$3.28
Last Ex-Dividend Date
Aug 14, 2024

ED Dividend Safety

ED paid out 63.44% of its $3B earnings as dividends over the last 12 months.

Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

ED's Dividend Payout Ratio of 63.443% is considered safe for the Utilities sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

ED's Interest Coverage Ratio of 2.274 indicates strong financial health with easy coverage of interest expenses.

Income Quality

ED demonstrates poor income quality with a ratio of 0.857. This indicates low-quality earnings and high risk of dividend cuts.

ED Dividend Growth

Consolidated Edison, Inc.(ED) offers a dividend yield of 3.18% and pays $3.28 in dividends per share. Explore the historical dividend growth of ED.

Dividend Stability

ED has maintained stable dividend payments over the past 10 years with no cuts over 5%.

Dividend Growth

ED's dividend payments have shown moderate growth, growing by 2.322% annually over the last 5 years.

Earnings Growth

ED's earnings have grown by 13.405% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

ED Dividend Yield Attractiveness

Consolidated Edison, Inc.(ED) provides a dividend yield of 3.18%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

ED

Peers

Sector

Industry

3.18%

3.58%

4.63%

4.70%

Dividend Yield

ED's dividend yield of 3.18% is considered good compared to the sector average of 4.629%, providing a strong safety margin for investors.

ED Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Consolidated Edison, Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.