con edison stock split guide

Consolidated Edison (Con Edison) — Stock Split

Lead / Summary

As of 2026-01-21, according to Consolidated Edison investor relations and public historical-price records, this article summarizes the full documented history of the con edison stock split and explains what investors and shareholders should know. Consolidated Edison, Inc. (ticker: ED) executed two 2-for-1 stock splits on 1982-07-01 and 1989-07-03 and has had no public stock splits since 1989. This guide explains the chronology, mechanics, shareholder impact, dividend and DRIP interactions, where to verify records, and how Con Edison’s split frequency compares to utility peers.

The phrase con edison stock split appears throughout this article to help readers quickly locate split-specific explanations and verification guidance.

Company background

Consolidated Edison, Inc. (commonly Con Edison or ConEd; ticker: ED on the New York Stock Exchange) is a regulated utility primarily serving the New York City metropolitan area. The company’s core businesses deliver electric, gas and steam services to millions of customers. For investors, Con Edison is typically categorized in the utilities sector and is noted for stable cash flows, regulated returns and a history of dividend payments.

For readers unfamiliar with the company’s size and market role, Con Edison is a large, established utility that typically appears in mid- to large-cap indexes. Utilities often trade with lower volatility and higher dividend focus compared with growth sectors; this sector context is useful when evaluating corporate actions such as stock splits, which are less frequent in utilities than in growth-oriented companies.

Why does Con Edison’s stock (ED) draw investor interest? The ticker is well-known to income and dividend-focused investors because of the company’s long dividend history and regulated business model. Institutional ownership and retail investor interest vary over time, but Con Edison’s corporate profile and reliable cash flows make it relevant for comparisons of corporate action policies like stock splits.

Stock split history

Chronological list of splits

• 1982-07-01 — 2-for-1 stock split
• 1989-07-03 — 2-for-1 stock split

Cumulatively, the two 2-for-1 splits represent a 4x multiple for shares outstanding held before the 1982 split (that is, one pre-1982 share would have become four shares after the 1989 split sequence, assuming no other corporate actions that would change share count).

This straightforward chronology is the core of any con edison stock split summary: two 2-for-1 splits on the dates above, and no subsequent splits through the most recent public records.

Source notes

Public sources that document these splits include the company’s investor relations historical-price tables and press release archives, regulatory filings on the SEC EDGAR system, and financial-data aggregators that compile split histories. When verifying any con edison stock split, consult the official Consolidated Edison investor pages and SEC filings first; third-party data providers can serve as cross-checks.

Rationale and corporate context for past splits

Companies choose stock splits for several practical reasons. Typical rationales include:

• Improving liquidity: Lower per-share prices can broaden the pool of potential buyers and increase trading activity.
• Making shares more accessible to retail investors: A lower nominal share price may encourage smaller purchases.
• Aligning share price with perceived trading norms: Companies sometimes split shares after sustained price appreciation.

For Con Edison, the documented con edison stock split events in 1982 and 1989 occurred in an era when splitting shares to keep per-share prices within a preferred trading range was common across many sectors. It is important to note that there is no public record of an official Con Edison board announcement to split shares after 1989; the company has not executed or declared a split in recent decades.

Boards consider many factors when deciding splits, including market conditions, investor mix and administrative implications. Because Con Edison is a regulated utility with a strong dividend orientation, management decisions often emphasize predictable capital allocation and shareholder returns over market-driven share-price mechanics.

Mechanics and shareholder impact

A 2-for-1 stock split doubles the number of outstanding shares and halves the quoted price per share, all else equal. Critically, a split does not change a shareholder’s proportional ownership in the company or the total market capitalization.

Example mechanics in a 2-for-1 split:

• Before split: Shareholder owns 100 shares at $80 per share — market value $8,000.
• After split: Shareholder owns 200 shares at $40 per share — market value $8,000.

How brokers handle fractional shares

If share counts produce fractional entitlements following a split, broker-dealers or transfer agents typically resolve fractions by paying cash in lieu, consolidating fractional entitlements, or crediting fractional-share balances depending on the broker’s policies. Institutional shareholders and transfer agents use established rules to settle fractional shares; retail brokerage platforms increasingly support fractional-share accounting, but handling varies by provider.

Preservation of ownership and voting power

A properly executed split preserves proportional ownership and voting power. The splitting process increases the number of shares each shareholder holds while adjusting the per-share characteristics so that overall economic and control stakes remain unchanged.

Impact on per-share metrics

Per-share metrics (EPS, book value per share) are adjusted to reflect higher share counts after a split. Companies and data providers publish post-split adjusted figures so historical performance comparisons remain meaningful.

When reading con edison stock split records, confirm whether reported per-share metrics and historical prices have been adjusted for splits so you compare like-for-like values.

Price history and split adjustments

Historical price series are commonly adjusted to present a continuous time series that accounts for splits (and other corporate actions like dividends and reverse splits). The split adjustment factor is used to recalibrate earlier prices so they reflect the changed share count.

For con edison stock split events, historical price tables from the company and financial-data services typically show one of two views:

• Adjusted prices: Historical prices are recalculated to reflect the effect of the 1982 and 1989 2-for-1 splits, providing a smooth series for total-return or comparative analysis.
• Unadjusted prices: Raw trade prices on dates before a split reflect the actual historical quote but must be manually adjusted for consistent analysis.

Where to find adjusted versus unadjusted series

Consult Consolidated Edison’s investor relations historical-price lookup for official tables. Major data vendors also provide split-adjusted and unadjusted series; when analyzing long-term returns or dividend yields, use split-adjusted historical data so that per-share metrics and totals account for the con edison stock split adjustments.

Dividends, DRIP and other corporate actions

Con Edison has a long history of dividend payments. For many utility investors, dividends are a primary reason to hold shares. Dividend records are typically presented on a per-share basis and are adjusted for stock splits to maintain continuity in historical yield calculations.

Dividend reinvestment plans (DRIPs)

If a shareholder participates in a DRIP, dividends paid in cash are automatically reinvested in additional shares. After a split, DRIP participants receive the adjusted number of shares that reflects the split ratio; reinvestment calculations are then based on the post-split share price and rules of the plan.

How splits interact with dividend records

Because splits change outstanding share counts, historical dividends are often re-expressed on a post-split per-share basis for consistent reporting. For example, a dividend series reported in earlier pre-split periods will usually be shown in split-adjusted terms in investor-history tables so that trends and yields are comparable.

When reviewing con edison stock split implications for dividends, consult the company’s dividend history tables, which typically denote if figures are adjusted for past splits. Third-party compilations also summarize dividend histories and mark split-adjusted entries.

How to verify splits and official records

Authoritative confirmation of any con edison stock split resides in primary sources. Use this verification checklist:

• Consolidated Edison investor relations pages: historical price tables, press release archives, and shareholder services notices often list splits and their effective dates.
• SEC EDGAR filings: 8-Ks, proxy statements, and annual reports may document share changes, board actions and formal notices related to splits.
• Transfer agent records: the transfer agent that handles shareholder records can confirm historical split processing and fractional-share handling rules.
• Company press releases: official announcements around the split date state the ratio, record date and effective date.
• Financial-data aggregators: third-party services compile split histories and cite primary sources—use these as secondary verification.

As a practical step, search the Consolidated Edison investor site and EDGAR filings for announcements around 1982 and 1989 to confirm the 2-for-1 splits. When documenting con edison stock split history in research or client materials, always cite the primary company filings or press releases first.

Comparison with sector peers

Utilities typically split shares less frequently than high-growth technology companies. Several factors explain this pattern:

• Emphasis on dividends and steady capital allocation reduces pressure to target specific per-share price ranges.
• Regulated return frameworks and predictable cash flows prioritize operational reliability over market-driven share-price engineering.

Therefore, Con Edison’s two splits in the 1980s and no splits since 1989 are consistent with the broader utility sector’s tendency toward infrequent splits. When comparing con edison stock split frequency to large utility peers, you will often find similarly sparse split histories—many investor-owned utilities have not executed splits in the last several decades.

Frequently asked questions (short answers)

• How many times has Con Edison split its stock? — Twice: 1982 and 1989.

• Is a split a taxable event? — Generally no. Stock splits by themselves are typically not taxable events for U.S. federal income tax purposes, but shareholders should consult tax guidance or a tax professional regarding specific circumstances.

• Will Con Edison split again? — There is no public announcement as of Jan 21, 2026. Future splits are discretionary and decided by the company’s board.

Note: This FAQ provides neutral, factual answers and is not investment or tax advice.

References and further reading

Sources for verification and deeper review (listed without hyperlinks; consult the named pages via the company’s investor relations portal or regulatory search tools):

• Consolidated Edison investor relations — historical price lookup and press release archive (for official split dates and adjusted price series)
• SEC EDGAR — Consolidated Edison filings (8-Ks, annual reports and proxy statements for corporate action details)
• Macrotrends — stock split history tables for ED (secondary data aggregation)
• CompaniesMarketCap — split history listings for ED (secondary data aggregation)
• Trendlyne / StockScan — summaries of split and dividend histories (secondary sources)

As of 2026-01-21, according to Consolidated Edison investor relations and public historical-price records, the two documented 2-for-1 splits in 1982 and 1989 remain the official split events recorded for ED.

External links

Authoritative pages to consult for direct verification (site names only; use search/official portals):

• Consolidated Edison — Investor Relations: Historical Prices / Shareholder Services
• U.S. SEC — EDGAR filings search for Consolidated Edison, Inc.
• Transfer agent — Computershare (shareholder services for historical corporate-action handling)

Actionable next steps and what readers can do now

If you want to confirm split-adjusted historical prices or dividend series for research, take these steps:

1. Visit Consolidated Edison’s investor relations pages and locate the historical price lookup and dividend history tables.
2. Search EDGAR for filings around July 1982 and July 1989 to view company announcements and formal notices.
3. Check transfer agent documentation for shareholder-service details and fractional-share handling rules.
4. For portfolio execution or custody handling, consult your brokerage’s documentation on how it processes historical splits and fractional shares.

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Notes on accuracy and scope

• All split dates and ratios in this article are drawn from public historical records documenting two 2-for-1 splits on 1982-07-01 and 1989-07-03. The statement that there have been no splits since 1989 is based on available company records and public-data aggregators as of 2026-01-21.

• This article provides factual explanation and verification guidance. It does not offer investment, tax or legal advice. Readers should consult official company filings, transfer-agent records or qualified advisors for specific personal or institutional decisions.

Editorial note

This guide is written for clarity and verification. It emphasizes primary-source confirmation approaches (company investor pages, EDGAR, transfer agents) and explains how splits are reflected in price series and dividend records. The term con edison stock split is used repeatedly so readers focusing specifically on split history can find the relevant passages quickly.

Further exploration: For ongoing company news, dividend announcements or any future corporate actions, monitor Consolidated Edison investor relations and SEC filings regularly.