- Con Edison (ED, Financial) declares a quarterly dividend of $0.85 per share.
- Dividend payable on June 16, 2025, to stockholders of record as of May 14, 2025.
- The company reported $15 billion in annual revenue and $71 billion in assets for 2024.
Con Edison (ED), one of the nation's largest investor-owned energy-delivery companies, announced a quarterly dividend of $0.85 per share on its common stock. The dividend is scheduled to be payable on June 16, 2025, to stockholders of record as of May 14, 2025.
The company's financial performance for the year ending December 31, 2024, was robust, with annual revenues reaching approximately $15 billion and total assets worth $71 billion. Con Edison operates through several key subsidiaries, including Consolidated Edison Company of New York (CECONY) and Orange and Rockland Utilities (O&R), providing electric, gas, and steam services across New York City, Westchester County, southeastern New York State, and northern New Jersey.