Consolidated Edison increases dividends for 53 consecutive years
ED Consolidated Edison Inc
$118.39 -0.14%
View chart & analysis → - 1Consolidated Edison has increased its annual dividend for 53 years.
- 2ConEd stock price recorded a 25.3% increase year-to-date.
- 3Wells Fargo said last month that this New York utility represents defensive diversification away from broad artificial intelligence trades.
So what's the key point?
Consolidated Edison has increased the money it gives to shareholders every year for 53 years. This company shows stability, unlike artificial intelligence related stocks.
Source The Motley Fool +1 · View original ↗
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