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The Amazing Dividend Stock That You've Probably Overlooked


Consolidated Edison (NYSE: ED) has likely flown under the radar of most dividend investors over the years. That could be because the New York City-focused utility doesn't offer a particularly high yield, nor is it growing as fast as some of its peers. However, what it lacks in flashiness, it more than makes up for with consistency, as it has increased its dividend like clockwork for an amazing 45 consecutive years.

That trend should continue in those to come, which makes it an ideal stock for those looking for a low-risk income-growth stock.

Image source: Getty Images.

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Source Fool.com

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