Consolidated Edison Shares Up 13.05% YTD, Dividend Yield 3.16% after 4.4% Increase
Consolidated Edison shares have climbed 13.05% year-to-date, bolstered by a quarterly dividend of $0.89 and a 3.16% yield topping both the utility and S&P 500 averages. Annualized payouts of $3.55 reflect a 4.4% increase and a 60% payout ratio supports sustainability.
1. Year-To-Date Stock Performance
Consolidated Edison stock has risen 13.05% since the start of the year, outperforming broader utility benchmarks as investors seek reliable income streams.
2. Dividend Yield and Growth
The company pays a quarterly dividend of $0.89 per share, yielding 3.16%, with annualized distributions of $3.55 representing a 4.4% year-over-year increase and a five-year average growth of 2.28%.
3. Earnings Forecast and Sustainability
Analysts forecast 2026 earnings of $6.08 per share, a 6.67% increase year-over-year, and with a 60% payout ratio, the dividend appears well-supported by projected earnings growth.