Consolidated Edison Inc, commonly known as ConEd, is a major utility company serving New York City and its surrounding areas. It provides electric power to over 3.7 million customers and natural gas to about 1.3 million customers across regions including Manhattan, the Bronx, Queens, and Westchester County. Additionally, ConEd delivers steam services to parts of Manhattan and operates a network of electric and gas transmission facilities. Founded in 1823, ConEd is one of the oldest and largest utility companies in the United States, focusing on reliable energy delivery and infrastructure development.
New York's electrification wave is landing in the results: revenue climbed 13.2% year over year on a higher CECONY rate base, topping expectations. Management held full-year adjusted EPS guidance at $6.00 to $6.20, keeping a 52-year dividend growth streak intact.
Every year a regulated utility dividend lands in a taxable account, the IRS quietly clips a piece before reinvestment even starts. Southern Company and Consolidated Edison look like very different investments once…
Data centers are doubling their power demands almost overnight, and regulated utilities that lock in long-term supply contracts stand to collect that revenue for decades. Five names are positioned at the center…
Not every dividend stock survives a recession with its payout intact, but regulated utilities operate under a different set of rules entirely. These three have raised dividends for decades by design, and…
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For many New Yorkers, roommates are not a college phase. They are the price of admission. Even professionals with solid incomes often share apartments because splitting the rent is one of the…
Few stocks earn their place in a retiree’s portfolio the way Consolidated Edison (NYSE:ED | ED Price Prediction) has. The New York utility delivers electricity, gas, and steam to roughly 3.7 million…
Alex Sirois Dividend kings are some of the rare companies that have paid dividends for more than 50 consecutive years. Not only have they made those cash distributions to investors, but they have also…
Recession fears have a way of making income investors second-guess everything, and if dividends are paid out of cash flow, and cash flow shrinks during economic downturns, it only seems logical that…
Given the potential for a sizable sell-off, it makes sense for investors to move to S&P 500 Dividend Aristocrat stocks like these now.
Norfolk, Virginia based Mutant Inc. are stepping up their game to fill the new supply chain void created by tariffs. With departing Chinese suppliers no longer able to compete due to the…
These five Dividend Kings offer investors a solid source of passive income, and are among the safest picks in the group.
While most of 2025 is behind us, there’s still plenty of year to go. And with it, there are still plenty of opportunities to generate passive income. If you have $25,000 in…
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Many individual stocks provide steady earnings for investors through dividend distributions. However, you can actually achieve higher yields and greater diversification with exchange traded funds (ETFs). To help you earn paycheck-like income…
Getting rich through dividend investing can be a sensible goal as long as you have patience and don’t take on too much risk. One way to quickly build up your portfolio without…
