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Consolidated Edison (BSP:E1DI34) Dividend Payout Ratio

: 0.66 (As of Dec. 2023)
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Consolidated Edison's dividend payout ratio for the months ended in Dec. 2023 was 0.66.

The historical rank and industry rank for Consolidated Edison's Dividend Payout Ratio or its related term are showing as below:

BSP:E1DI34' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.71   Max: 0.8
Current: 0.56


During the past 13 years, the highest Dividend Payout Ratio of Consolidated Edison was 0.80. The lowest was 0.56. And the median was 0.71.

BSP:E1DI34's Dividend Payout Ratio is ranked worse than
65.22% of 368 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs BSP:E1DI34: 0.56

As of today (2024-04-19), the Dividend Yield % of Consolidated Edison is 2.75%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Consolidated Edison was 4.69%. The lowest was 2.75%. And the median was 3.66%.

Consolidated Edison's Dividends per Share for the months ended in Dec. 2023 was R$1.40.

During the past 12 months, Consolidated Edison's average Dividends Per Share Growth Rate was 2.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Consolidated Edison was 8.70% per year. The lowest was 0.80% per year. And the median was 1.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Consolidated Edison Dividend Payout Ratio Historical Data

The historical data trend for Consolidated Edison's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Consolidated Edison Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.58 0.48 0.71 0.56

Consolidated Edison Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 0.42 1.34 0.38 0.66

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Consolidated Edison's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Consolidated Edison Dividend Payout Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Consolidated Edison's Dividend Payout Ratio falls into.



Consolidated Edison Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Consolidated Edison's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=6.694/ 12.049
=0.56

Consolidated Edison's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.398/ 2.121
=0.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Consolidated Edison (BSP:E1DI34) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Consolidated Edison Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Consolidated Edison's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Consolidated Edison (BSP:E1DI34) Business Description

Traded in Other Exchanges
Address
4 Irving Place, Room 700, New York, NY, USA, 10003
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.

Consolidated Edison (BSP:E1DI34) Headlines

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