Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Consolidated Edison, Inc. (ED)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$106.37 - $230.39$152.15
Multi-Stage$150.12 - $164.66$157.25
Blended Fair Value$154.70
Current Price$100.52
Upside53.90%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.55%4.06%3.093.083.062.902.742.602.372.262.152.06
YoY Growth--0.36%0.64%5.73%5.64%5.52%9.74%4.86%5.24%4.09%-0.81%
Dividend Yield--2.80%3.41%3.20%3.06%3.66%3.33%2.81%2.90%2.76%2.69%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,035.00
(-) Cash Dividends Paid (M)1,147.00
(=) Cash Retained (M)888.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)407.00254.38152.63
Cash Retained (M)888.00888.00888.00
(-) Cash Required (M)-407.00-254.38-152.63
(=) Excess Retained (M)481.00633.63735.38
(/) Shares Outstanding (M)355.68355.68355.68
(=) Excess Retained per Share1.351.782.07
LTM Dividend per Share3.223.223.22
(+) Excess Retained per Share1.351.782.07
(=) Adjusted Dividend4.585.015.29
WACC / Discount Rate6.37%6.37%6.37%
Growth Rate1.98%2.98%3.98%
Fair Value$106.37$152.15$230.39
Upside / Downside5.81%51.36%129.20%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,035.002,095.722,158.262,222.662,288.982,357.292,428.00
Payout Ratio56.36%63.09%69.82%76.55%83.27%90.00%92.50%
Projected Dividends (M)1,147.001,322.211,506.861,701.351,906.102,121.562,245.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.37%6.37%6.37%
Growth Rate1.98%2.98%3.98%
Year 1 PV (M)1,230.931,243.001,255.07
Year 2 PV (M)1,305.981,331.721,357.71
Year 3 PV (M)1,372.741,413.521,455.10
Year 4 PV (M)1,431.781,488.761,547.44
Year 5 PV (M)1,483.601,557.781,634.89
PV of Terminal Value (M)46,567.7648,896.0651,316.58
Equity Value (M)53,392.7955,930.8458,566.79
Shares Outstanding (M)355.68355.68355.68
Fair Value$150.12$157.25$164.66
Upside / Downside49.34%56.44%63.81%

High-Yield Dividend Screener

« Prev Page 58 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
000597.SZNortheast Pharmaceutical Group Co., Ltd.2.72%$0.1454.16%
002282.SZBosun Co., Ltd.2.72%$0.2057.69%
005300.KSLotte Chilsung Beverage Co., Ltd.2.72%$3,646.4052.67%
3019.TWAsia Optical Co., Inc.2.72%$3.9158.36%
5469.TWHannStar Board Corporation2.72%$2.5238.49%
5493.TWOSanlien Technology Corp.2.72%$2.4757.58%
605001.SSQingdao Victall Railway Co., Ltd.2.72%$0.2176.35%
6727.TWacom Co., Ltd.2.72%$22.0470.93%
BEM-R.BKBangkok Expressway and Metro Public Company Limited2.72%$0.1559.21%
BTEBaytex Energy Corp.2.72%$0.0932.39%
CLA-B.STCloetta AB (publ)2.72%$1.1043.72%
EVEN3.SAEven Construtora e Incorporadora S.A.2.72%$0.2044.47%
SNZ.AXSummerset Group Holdings Limited2.72%$0.298.91%
001270.KSBOOKOOK Securities Co., Ltd.2.71%$1,510.8429.90%
033100.KQCheryong Electric Co.,Ltd.2.71%$1,000.1526.62%
0RAR.LStratec SE2.71%$0.6049.62%
2706.TWFirst Hotel Company Ltd.2.71%$0.3560.83%
2734.TSALA Corporation2.71%$30.7339.50%
4051.SRBaazeem Trading Company2.71%$0.1874.35%
601002.SSGem-Year Industrial Co.,Ltd.2.71%$0.1462.84%
601326.SSQinhuangdao Port Co., Ltd.2.71%$0.0932.66%
7224.TShinMaywa Industries, Ltd.2.71%$51.9640.11%
AN3PG.AXAustralia and New Zealand Banking Group Ltd2.71%$2.7663.53%
002478.SZJiangsu Changbao Steeltube Co.,Ltd2.70%$0.2332.58%
0QMS.Ldormakaba Holding AG2.70%$1.7452.32%
0R9D.LAeroporto Guglielmo Marconi di Bologna S.p.A.2.70%$0.2839.70%
2739.TWMy Humble House Hospitality Management Consulting Co., Ltd.2.70%$0.9758.64%
300140.SZCECEP Environmental Protection Equipment Co.,Ltd.2.70%$0.1868.84%
4142.SRRiyadh Cables Group Company2.70%$3.5049.02%
603100.SSChongqing Chuanyi Automation Co., Ltd.2.70%$0.6242.77%
603871.SSJiayou International Logistics Co.,Ltd2.70%$0.3848.36%
605028.SSNingbo Shimao Energy Co.,Ltd2.70%$0.8077.70%
6705.TWOMARTAS Precision Slide Co.,Ltd2.70%$1.8441.49%
688571.SSHangzhou Toka Ink Co., Ltd.2.70%$0.2073.79%
8390.TWOJiin Yeeh Ding Enterprises Corp.2.70%$2.4940.37%
8936.TWOKuo Toong International Co., Ltd.2.70%$1.4843.88%
CMRY.JKPT Cisarua Mountain Dairy Tbk2.70%$150.0160.59%
CRJ.WACreepy Jar S.A.2.70%$10.9346.34%
DHG.AXDomain Holdings Australia Limited2.70%$0.1284.16%
SYNSAM.STSynsam AB (publ)2.70%$1.8063.88%
300481.SZPuyang Huicheng Electronic Material Co., Ltd.2.69%$0.4280.91%
3069.KLMega First Corporation Berhad2.69%$0.0920.68%
3147.TWOJetwell Computer Co., Ltd.2.69%$4.4637.85%
4023.TKureha Corporation2.69%$109.8152.33%
600888.SSXinjiang Joinworld Co.,Ltd.2.69%$0.2247.19%
601139.SSShenzhen Gas Corporation Ltd.2.69%$0.1841.90%
6462.TRiken Corporation2.69%$100.2521.01%
8261.TWAdvanced Power Electronics Co., Ltd.2.69%$2.4949.60%
GPG.STGenova Property Group AB (publ)2.69%$1.0719.48%
QB7.DEQuirin Privatbank AG2.69%$0.0918.14%