Dividend Aristocrat Consolidated Edison (ED) will raise its quarterly dividend by 1.9 percent to 79 cents per share in 2022. This marks the utility company's 48th consecutive year of higher dividends.
Consolidated Edison, Inc. is an energy-delivery company. ED provides energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric, gas and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., which through its subsidiaries develops, owns and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which through its subsidiaries invests in electric and natural gas transmission projects.
2022