Family offices are organizations set up to invest for wealthy families so as to generate income, protect assets and produce returns that top the market. Consolidated Edison (NYSE: ED [FREE Stock Trend Analysis]) is a publicly traded utility that can accomplish all of those objectives. Here are three reasons why family offices should be long-term investors in the company.
It is difficult to find a better income stock than Consolidated Edison. At present, the average dividend yield for a member of the S&P's 500 Index is just under two percent. For Consolidated Edison, it is 4.56 percent. In addition, Consolidated Edison is a "Dividend Aristocrat." That means it has increased the amount of the dividend paid annually for at least 25 years. So the longer a family office owns shares of Consolidated Edison, the more it is paid in dividends.
Source: Benzinga
Related Articles:
- Free Cash Flow Payout vs. Dividend Payout
- 9 Dividend Stocks Trading at a Double-Digit Discount
- 6 High-Dividend, Low P/E Value Stocks
- How Much Money Will You Need Before Retiring?
- The 2013 Dividend Achievers
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
You know what's good to see in one of your holdings? Management actually doing what they said they were going to do. The yield is 9.97%,...
-
These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large pa...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
This is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to...
-
Tracking down a stock that pays a high yield is easy enough to find, but selecting ones that are worth holding onto for decades to come is q...
-
Reliable dividend stocks with the potential for long-term payout growth can be solid choices for investors looking to generate cash and even...
-
I love getting paid to invest, which is why I've filled my portfolio with income stocks. My favorites are those that not only pay genero...
-
A big worry for retirees isn't necessarily the size of their nest eggs, but whether they'll keep up with inflation. While convention...
-
Not all dividend-paying companies make a lot of money, but the ones that do could fetch you solid returns in the long run, simply because a ...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
0 comments
Post a Comment
Post a Comment