Consolidated Edison: A Steady Dividend King Buy

Consolidated Edison offers a 3.3% yield with a 52-year dividend growth streak. The company reaffirmed 2026 adjusted EPS guidance of $6.00, $6.20. Applying an 18.75x P/E to $6.25 normalized EPS yields a $117 target, above current levels, with a PEG ratio below the historical mean.