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Consolidated Edison, Inc. (ED)

NYSE - Nasdaq Real-time price. Currency in USD
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81.57-0.24 (-0.29%)
As of 01:36PM EST. Market open.
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  • T
    TomV
    Come on, 1.9% dividend increase is the best that they can do?

    Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 79 cents a share on its common stock, payable March 15, 2022 to stockholders of record as of February 16, 2022, an annualized increase of 6 cents over the previous annualized dividend of $3.10 a share.
  • S
    Steve
    ED is like and FDIC 5-10 year CD that pays 4% plug you get the gain in the stock. One of the safest bets on the market.
  • k
    kram
    Can someone please explain the difference between dividend and yield?
    Thank you.
    Forward Dividend & Yield 3.10 (3.69%)
  • s
    shep
    If NYC is banning natural gas in any new construction, that makes ED a super buy. Solar can't supply everything.
  • k
    kram
    Why hold now, got dividend, got yearly profit, might be time to go to cash?
  • T
    TOM
    BANK OF AMERICA HAD A SELL RATING ON THE STOCK WHEN IT WAS IN THE LOW 70`S HAD A REAL NICE RUN SINCE THEN
  • h
    hirvela
    I've been day trading for years and I'm so glad I finally found (http://trademarketview.tech). They're pre-market watchlists cover all the latest market-moving news, and they don't beat you down with tons of ads. Highly recommend!
  • k
    kram
    Can you afford to not be invested in the market with inflation so high and yields so low?
    and a correction long past due?
  • d
    donna
    Watch what happens post dividend payment…down we go…
  • S
    Senor
    Going to 84
  • T
    TomV
    In furtherance of my reply to kram. My current yield on cost is 5.7%.
  • Y
    Yahoo Finance Insights
    Consolidated Edison reached a 52 Week high at 81.37
  • k
    kram
    Approaching 52 week high!
  • Y
    Yahoo Finance Insights
    Consolidated Edison reached a 52 Week high at 83.64
  • R
    Ronald
    Colleagues: Reject green energy, and embrace fossil fuels with re-newed vigor.
  • M
    Midas 1965
    In the almost 50 years that my family has ED shares, the company went through more difficult times. But it never cut the dividend. Millions of shareholders live from the dividend and the management know that very well .
  • R
    Raj Raj
    Over last 3 weeks I've been buying ED.
    900 sh now. Comfortable holding 500 as a long term core position.
    Can increase my position up to 2K sh, if opportunity presents itself.

    This is a steady utilities company.
    No need to analyze charts, no need for technicals or timing buys/sells (like ZM, TSLA, SHOP, TREE etc).

    I did not buy just for the 4% Dividend.
    Just for that - there are better options. One example: HYG

    ED has weekly options.
    And a tradeable implied volatility.
    Every week one can sell PUTs for a $1 below and sell CALLs for a $1-$3 above. Or thereabout.
    That's $100-$200 weekly income for every 100 sh of ED.
    And if a PUT gets assigned, you buy ED in low 70s.
    If a CALL gets assigned, you close that Lot with a profit.

    Last week ED created 7.2M new shares or roughly 2% dilution to existing public shares. The dip is reflective of that. I don't see any big issue with ED standing as a profitable corporation.
    If ED goes down into 60s - I will add more. (Selling $70 PUTs this week and $75-$77 CALLs).

    All told, ED can provide 10-15% Annual returns, without the risk of high flying Tech stocks and also without the risk of steady players like T & VZ. ED is less than 2% of my portfolio.

    Would love your thought and if anyone has looked at DUK
  • M
    Midas 1965
    If you buy a stock as a "long term" investment
    and you check the share price every day
    are you really a long term investor ?
  • R
    Raj Raj
    Ex Dividend Date coming up 16-Feb. Must buy 15-Feb or prior to receive 77.5 cents per share on 15-Mar. If you have to sell ED on 16-Feb, you still get the dividend.

    Earnings is 18-Feb (Thu) After Close. Street expects 75 cents per share.

    I hold a Core position of 600 sh in ED.
    In addition, I buy more on dips and sell with profit.
    ED has weekly options with liquidity. Premiums used to be rich, but not bad today.
    With $20K of capital, monthly income of $500 is very doable trading weekly options/stock.

    In December I has called ED Investor Relations asking why the stock price was going down. No comments. But the person did tell me ED had no plans to muck with Dividends. I told him Thank you.

    Feel free to share what you know about ED so we all common people can benefit.
    Thank you!
  • T
    The Real Blake
    OK, so here is the turn-around plan. They change their name from "Consolidated Edison" to "Edison EV Charging Infrastructure".

    That is it. No other changes. None. Just change the name and nothing else.

    Stock triples in a month.