Consolidated Edison (ED)

Exchange: New York Stock Exchange
Currency: USD

 
Price: 79.04 (Close)

Summary

 

52 Week range 200d Moving Avg. Beta
62.03 – 95.10 79.92 0.71
Dividend Dividend Yield Ex-Dividend date
3.01 3.87% 2020-08-18
P/E Ratio Latest EPS DGR 3 years
18.98 4.41 3.37%
Near Fair Value
Low
Low Volatility
High
Slow
Dividend Growth
Fast

Profile

Consolidated Edison, Inc. operates as holding company, which through its subsidiaries engages in the business of regulated electric, gas, and steam delivery. It operates through the following segments: Consolidated Edison Co. of New York, Inc.; Orange & Rockland Utilities, Inc; Competitive Energy Businesses; and Other. The Consolidated Edison Co. of New York segment involves regulated electric, gas, and steam utility businesses. The Orange & Rockland Utilities segment covers regulated electric and gas utility delivery businesses. The Competitive Energy Businesses segment sells electricity to wholesale and retail customers; provides energy-related products and services; and participates in energy infrastructure projects. The Other segment includes Con Edison Transmission, Inc.; which invests in electric and gas transmission projects. The company was founded in 1823 and is headquartered in New York, NY.

 

Sector: Industry:
Utilities Electric Utilities
Dividend Aristocrat

Environment, Social and Governance (ESG) Ratings

Total ESG Score

32 – 52 percentile

Environment

11 – 8 percentile

Social

20 – 8 percentile

Governance

11 – 8 percentile

Controversy level

3

Peers

Dividend aristocrats in the same sector are:
– Atmos Energy Corporation (ATO)


Dividend Safety Metrics

Latest EPS 4.41
Annual Payout 3.01
Payout Ratio 68.25%
Dividend growth 45 Years
Dividend Score 67
Dividend Coverage Ratio 1.33
Altman-Z score 1.05 Distress Zone

 


Estimated Future Total Return Metrics

Total return last 5Y 6.90%
Dividend growth 5Y 3.27%
Current dividend yield 3.87%
Average dividend yield last 5Y 3.59%
Estimated EPS growth next 5Y 2.70%
Extra return due to over/under valuation 1.50%
Estimated future return 5Y (CAGR) 7.80%

 

Consolidated Edison (ED) Valuation


Consolidated Edison’s current dividend yield of 3.87% is 8% just above its 5-year average. The 5-year average dividend yield is 3.59% (see red-line in chart). This indicates the stock looks reasonably valued today.

Consolidated Edison (ED) Performance

The chart below displays the total price return(%) of Consolidated Edison for different periods:

 

Consolidated Edison (ED) Total Return

The chart below displays the (CAGR) total return (%) including all dividends paid of Consolidated Edison for different periods:

 


Dividend Scorecard

Dividend Yield (TTM) Annual Payout Payout Ratio Dividend growth
3.87 3.01 68.25% 45 Years

 

Dividend Growth Summary

3 Year Growth Rate (CAGR) 3.37%
5 Year Growth Rate (CAGR) 3.27%
10 Year Growth Rate (CAGR) 2.29%

Dividend Growth Rates History

Year Payout Amount Annual Payout Growth (YoY)
2020 2.295 -%
2019 2.960 3.5%
2018 2.860 3.6%
2017 2.760 3.0%
2016 2.680 3.1%
2015 2.600 3.2%
2014 2.520 2.4%
2013 2.460 1.7%
2012 2.420 0.8%
2011 2.400 0.8%
2010 2.380 0.8%
2009 2.360 0.9%
2008 2.340 0.9%
2007 2.320 0.9%
2006 2.300 0.9%
2005 2.280 0.9%

Consolidated Edison (ED) Dividend Payment History