consolidated edison inc (ED) Key Developments
Consolidated Edison, Inc. Declares Quarterly Common Stock Dividend, Payable on March 15, 2015
Jan 15 15
Consolidated Edison, Inc. declared a quarterly dividend of 65 cents a share on its common stock, payable March 15, 2015 to stockholders of record as of February 18, 2015, an annualized increase of 8 cents over the previous annualized dividend of $2.52 a share.
Consolidated Edison, Inc. Elects Linda S. Sanford as a Member of the Board, Environment, Health and Safety Committee, the Finance Committee and the Planning Committee
Jan 15 15
On January 15, 2015, the Board of Directors of Consolidated Edison, Inc. and the Board of Trustees of Consolidated Edison Company of New York, Inc. each elected Ms. Linda S. Sanford as a member of the Board and appointed her to the Environment, Health and Safety Committee, the Finance Committee and the Planning Committee of the Board. Ms. Sanford is the retired Senior Vice President, Enterprise Transformation of International Business Machines Corporation.
Consolidated Edison, Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Revised Earnings Guidance for the Year 2014
Nov 6 14
Consolidated Edison, Inc. reported consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income for common stock of $436 million or $1.49 per basic share compared with $464 million or $1.58 per basic in 2013. Non-GAAP earnings from ongoing operations were $436 million or $1.49 per share compared with $434 million or $1.48 per share in 2013.
For the first nine months, the company reported net income for common stock was $1,010 million or $3.45 per basic share compared with $828 million or $2.83 per basic share in the first nine months of 2013. Non-GAAP earnings from ongoing operations were $969 million or $3.31 per share in 2014 compared with $911 million or $3.11 per share in 2013.
The company expects its earnings from ongoing operations for the year 2014 to be in the range of $3.80 to $3.90 a share. The company's previous forecast of 2014 earnings was in the range of $3.70 to $3.85 a share. Earnings per share from ongoing operations exclude a $0.09 a share gain on sale of solar energy projects, a $0.02 a share benefit relating to the LILO transactions and the net mark-to-market effects of the CEBs.
Consolidated Edison, Inc. Declares Quarterly Dividend on Common Stock, Payable December 15, 2014
Oct 16 14
Consolidated Edison, Inc. declared a quarterly dividend of 63 cents a share on its common stock, payable December 15, 2014, to stockholders of record as of November 12, 2014.
Consolidated Edison, Inc. to Report Q3, 2014 Results on Nov 06, 2014
Oct 15 14
Consolidated Edison, Inc. announced that they will report Q3, 2014 results After-Market on Nov 06, 2014