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CON EDISON DECLARES COMMON STOCK DIVIDEND
TelAve News/10869537
NEW YORK, July 17, 2025 ~ New York-based energy company, Consolidated Edison, Inc. (Con Edison) (NYSE: ED), has announced a quarterly dividend of 85 cents per share on its common stock. The dividend will be payable on September 15, 2025 to stockholders of record as of August 13, 2025.
With annual revenues of approximately $15 billion for the year ended December 31, 2024 and assets totaling $71 billion as of March 31, 2025, Con Edison is one of the largest investor-owned energy-delivery companies in the nation. The company offers a wide range of energy-related products and services through its subsidiaries.
One such subsidiary is Consolidated Edison Company of New York, Inc. (CECONY), which provides regulated electric service in New York City and Westchester County, gas service in Manhattan, the Bronx, parts of Queens and Westchester, and steam service in Manhattan.
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Another subsidiary is Orange and Rockland Utilities, Inc. (O&R), which serves customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey.
Con Edison Transmission, Inc., which falls under the oversight of the Federal Energy Regulatory Commission (FERC), invests in electric transmission projects and manages both electric and gas assets through joint ventures while also seeking to develop electric transmission projects.
This latest dividend declaration by Con Edison reflects the company's commitment to providing value to its shareholders while continuing to invest in its operations and pursue growth opportunities.
With annual revenues of approximately $15 billion for the year ended December 31, 2024 and assets totaling $71 billion as of March 31, 2025, Con Edison is one of the largest investor-owned energy-delivery companies in the nation. The company offers a wide range of energy-related products and services through its subsidiaries.
One such subsidiary is Consolidated Edison Company of New York, Inc. (CECONY), which provides regulated electric service in New York City and Westchester County, gas service in Manhattan, the Bronx, parts of Queens and Westchester, and steam service in Manhattan.
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Another subsidiary is Orange and Rockland Utilities, Inc. (O&R), which serves customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey.
Con Edison Transmission, Inc., which falls under the oversight of the Federal Energy Regulatory Commission (FERC), invests in electric transmission projects and manages both electric and gas assets through joint ventures while also seeking to develop electric transmission projects.
This latest dividend declaration by Con Edison reflects the company's commitment to providing value to its shareholders while continuing to invest in its operations and pursue growth opportunities.
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