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Consolidated Edison (Consolidated Edison) 3-Year Dividend Growth Rate

: 1.90% (As of Dec. 2023)
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Consolidated Edison's Dividends per Share for the three months ended in Dec. 2023 was $0.81.

The historical rank and industry rank for Consolidated Edison's 3-Year Dividend Growth Rate or its related term are showing as below:

ED' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.8   Med: 1.6   Max: 8.7
Current: 1.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Consolidated Edison was 8.70% per year. The lowest was 0.80% per year. And the median was 1.60% per year.

ED's 3-Year Dividend Growth Rate is ranked worse than
66.78% of 292 companies
in the Utilities - Regulated industry
Industry Median: 5 vs ED: 1.90

During the past 12 months, Consolidated Edison's average Dividends Per Share Growth Rate was 2.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Consolidated Edison's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.94. As of today, Consolidated Edison's Dividend Yield % is 3.62%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Electric subindustry, Consolidated Edison's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Consolidated Edison 3-Year Dividend Growth Rate Distribution

For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Consolidated Edison's 3-Year Dividend Growth Rate falls into.



Consolidated Edison 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Consolidated Edison  (NYSE:ED) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Consolidated Edison's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.81/ 0.866
=0.94

During the past 13 years, the highest Dividend Payout Ratio of Consolidated Edison was 0.80. The lowest was 0.60. And the median was 0.71.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Consolidated Edison Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8302024-02-132024-02-142024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.8102023-11-142023-11-152023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.8102023-08-152023-08-162023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.8102023-05-162023-05-172023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Consolidated Edison's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.26/90.90
=3.59 %

Current Share Price is $90.90.
Consolidated Edison's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.26.

During the past 13 years, the highest Dividend Yield of Consolidated Edison was 4.69%. The lowest was 3.08%. And the median was 3.66%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Consolidated Edison 3-Year Dividend Growth Rate Related Terms>


Consolidated Edison (Consolidated Edison) Business Description

Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
Executives
Christina Ho officer: VP, Strategic Planning 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Deneen L Donnley officer: SVP and General Counsel 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Stuart Nachmias officer: President & CEO CET 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert Sanchez officer: SVP, Corporate Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Timothy Cawley officer: President & CEO, O&R 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert N Hoglund officer: Senior Vice President Finance 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Joseph Miller officer: VP & Controller 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Nancy Shannon officer: SVP, Utility Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Matthew Ketschke officer: President CECONY 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Gurudatta D Nadkarni officer: Vice President 4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003
Jennifer Hensley officer: SVP, Corporate Affairs 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Frances Resheske officer: Senior VP Public Affairs 4 IRVING PLACE, NEW YORK NY 10003
De La Bastide Lore officer: SVP, Utility Shared Services 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
John Mcavoy officer: President & CEO, O&R 4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Yukari Saegusa officer: Vice President and Treasurer 4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003