|Bid||76.51 x 800|
|Ask||0.00 x 900|
|Day's Range||78.27 - 79.75|
|52 Week Range||65.56 - 85.95|
|Beta (5Y Monthly)||0.15|
|PE Ratio (TTM)||23.89|
|Earnings Date||May 05, 2021 - May 10, 2021|
|Forward Dividend & Yield||3.10 (3.96%)|
|Ex-Dividend Date||May 18, 2021|
|1y Target Est||72.19|
Consolidated Edison, Inc. ( NYSE:ED ) shareholders should be happy to see the share price up 12% in the last quarter...
New York state utility regulators on Thursday approved Consolidated Edison Co of New York Inc's (Con Edison) request to recover costs for three transmission projects in its New York City service area. The projects, which the state Public Service Commission said represent an $800 million investment, would maintain and improve reliability and allow several fossil fuel-fired power plants to retire. The projects include transmission from New York neighborhoods Rainey to Corona, Gowanus to Greenwood and Goethals to Greenwood.
Many of the best companies are Dividend Aristocrats, which have steadily increased their payouts in each of the last 25 years. Three great options in the energy sector are Canadian energy infrastructure giant Enbridge(NYSE: ENB), New York City-focused utility Consolidated Edison (NYSE: ED), and clean energy giant NextEra Energy (NYSE: NEE). Reuben Gregg Brewer (Enbridge): Canadian pipeline giant Enbridge has increased its dividend annually for 26 consecutive years.