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StocksMedium•30 March 2026•
1 min read

Consolidated Edison Unveils $24.3 Billion Investment Plan and Dividend Hike

Key Facts

1Consolidated Edison announced a $24.3 billion capital investment plan for the 2028-2030 period.
2A rate case for New York utility operations was approved, stabilizing earnings through 2028.
3The company raised its annual dividend for the 52nd consecutive year despite missing Q4 2025 earnings expectations.
4The company is targeting adjusted EPS growth of 6% to 7% over a five-year period.

Consolidated Edison (ED) has announced a massive $24.3 billion capital investment plan spanning from 2028 to 2030. The announcement follows the approval of a key rate case for its New York utility operations, which is expected to stabilize earnings through 2028. Despite missing earnings expectations for the fourth quarter of 2025, the company demonstrated confidence by raising its annual dividend for the 52nd consecutive year. Management is now targeting an adjusted earnings per share (EPS) growth rate of 6% to 7% over the next five years. This long-term strategy emphasizes infrastructure development and provides a clear path for cost recovery. Investors are viewing the multi-year growth outlook and dividend reliability as strong indicators of the company's financial health within the utility sector.