Why Income Investors Trust Consolidated Edison (ED) in Uncertain Times

Group 1 - Consolidated Edison, Inc. (NYSE:ED) is recognized as one of the 10 Best Recession Proof Dividend Stocks to Buy, appealing to income-focused investors due to its stable demand and regulated pricing [1][2] - The company has established a stable earnings base by focusing on regulated utilities, although it faces challenges such as population declines in New York City and regulatory reluctance to approve higher rates [3] - Consolidated Edison has a long history of paying dividends, having increased its payouts for 51 consecutive years, currently offering a quarterly dividend of $0.85 per share with a dividend yield of 3.41% as of September 26 [5] Group 2 - The company is responsible for upgrading and maintaining New York City's infrastructure, which requires significant investment to meet the demands of a dense urban environment [4] - The steady cash flow from its utility services supports a reliable and gradually growing dividend, making it a trusted option for income investors during uncertain times [2][5]