Consolidated Edison: A Strong Contender Among Cheap Dividend Stocks

Reported 1 day ago

Consolidated Edison, Inc. (NYSE:ED), an electric and gas utility in New York City, is recognized for its consistent dividend payouts, having increased them for 51 consecutive years. With plans to invest $38 billion in utility infrastructure, the company is positioned for steady earnings growth, currently offering a dividend yield of nearly 3.5%. This reliability makes it attractive to income-focused investors.

Source: YAHOO

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