We recently compiled a list of the 20 Worst Dividend Aristocrat Stocks According to Analysts. In this article, we are going to take a look at where Consolidated Edison, Inc. (NYSE:ED) stands against the other dividend aristocrat stocks. Dividend aristocrats are companies that have raised their dividend payouts for at least 25 consecutive years. Achieving […]
Con Ed (ED) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Utilities can generate lots of dividend income.