Con Edison Declares Quarterly Dividend
Ticker: ED · Form: 8-K · Filed: Nov 18, 2024 · CIK: 1047862
| Field | Detail |
|---|---|
| Company | Consolidated Edison Inc (ED) |
| Form Type | 8-K |
| Filed Date | Nov 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $350 million, $450 million, $650 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, utility, shareholder-return
Related Tickers: ED
TL;DR
ED declared $0.83/share dividend, payable March 1st to Feb 14th holders.
AI Summary
Consolidated Edison, Inc. (Con Edison) announced on November 14, 2024, that its Board of Directors has declared a quarterly common stock dividend of $0.83 per share. This dividend is payable on March 1, 2025, to shareholders of record as of February 14, 2025. This marks a continuation of the company's regular dividend payments.
Why It Matters
This dividend declaration indicates continued financial stability and commitment to returning value to shareholders, which is a positive signal for investors.
Risk Assessment
Risk Level: low — Dividend declarations are routine events for established utility companies and typically carry low risk.
Key Numbers
- $0.83 — Quarterly Dividend Per Share (Amount declared by the Board of Directors for common stock.)
Key Players & Entities
- Consolidated Edison, Inc. (company) — Filer and dividend issuer
- $0.83 (dollar_amount) — Quarterly common stock dividend per share
- March 1, 2025 (date) — Payment date for the dividend
- February 14, 2025 (date) — Record date for the dividend
- November 14, 2024 (date) — Date of the earliest event reported
FAQ
What is the amount of the quarterly common stock dividend declared by Con Edison?
The Board of Directors declared a quarterly common stock dividend of $0.83 per share.
When is the dividend payment date?
The dividend is payable on March 1, 2025.
Who is eligible to receive this dividend?
Shareholders of record as of February 14, 2025, are eligible to receive the dividend.
What is the name of the company filing this report?
The company filing this report is Consolidated Edison, Inc.
On what date was this event reported?
The date of the earliest event reported is November 14, 2024.
Filing Stats: 656 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2024-11-18 12:07:34
Key Financial Figures
- $350 million — ers named therein, for the sale of: (i) $350 million aggregate principal amount of CECONY's
- $450 million — ue 2027 (the "2024 C Debentures"); (ii) $450 million aggregate principal amount of CECONY's
- $650 million — 35 (the "2024 D Debentures"); and (iii) $650 million aggregate principal amount of CECONY's
Filing Documents
- d133034d8k.htm (8-K) — 41KB
- d133034dex1.htm (EX-1) — 163KB
- d133034dex41.htm (EX-4.1) — 54KB
- d133034dex42.htm (EX-4.2) — 25KB
- d133034dex43.htm (EX-4.3) — 26KB
- d133034dex5.htm (EX-5) — 7KB
- g133034dsp60.jpg (GRAPHIC) — 11KB
- g133034g1115073029377.jpg (GRAPHIC) — 4KB
- 0001193125-24-260675.txt ( ) — 554KB
- ed-20241114.xsd (EX-101.SCH) — 5KB
- ed-20241114_cal.xml (EX-101.CAL) — 1KB
- ed-20241114_def.xml (EX-101.DEF) — 12KB
- ed-20241114_lab.xml (EX-101.LAB) — 17KB
- ed-20241114_pre.xml (EX-101.PRE) — 12KB
- d133034d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit 1 Underwriting agreement relating to the Debentures Exhibit 4.1 Form of the 2024 C Debentures Exhibit 4.2 Form of the 2024 D Debentures Exhibit 4.3 Form of the 2024 E Debentures Exhibit 5 Opinion of Deneen Donnley, Senior Vice President and General Counsel of CECONY relating to the Debentures Exhibit 23 Consent of Deneen Donnley, Senior Vice President and General Counsel of CECONY (included in Exhibit 5) Exhibit 104 Cover Page Interactive Data File – The cover page iXBRL tags are embedded within the inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CONSOLIDATED EDISON, INC. CONSOLIDATED EDISON COMPANY OF NEW YORK, INC. By: /s/ Joseph Miller Joseph Miller Vice President, Controller and Chief Accounting Officer Date: November 18, 2024