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Stock impact report

Concerned About a Recession? These Dividend Stocks Deliver Durable Growth During Downturns. [Yahoo! Finance]

Consolidated Edison, Inc. (ED) 
Last consolidated edison, inc. earnings: 2/20 04:55 pm Check Earnings Report
Company Research Source: Yahoo! Finance
One of the first cuts many economically cyclical companies make is to their dividends. However, other companies are more recession-resistant . One sector known for its recession resistance is utilities . That's evident by the dividend histories of top utilities like Consolidated Edison (NYSE: ED) NextEra Energy (NYSE: NEE) , and Southern Company (NYSE: SO) , which have all increased their payouts for more than 20 years in a row, periods which included some severe recessions. Because of that, they're great stocks to buy if you're concerned that a recession is nigh. Through its various local utilities, Consolidated Edison provides electricity and natural gas services to the New York City region and surrounding areas. The company generates very stable earnings backed by government-regulated rate structures. Meanwhile, the region's electricity and gas demand has grown steadily, even during recessions. That has enabled Consolidated Edison to increase its dividend very consistently. T Show less Read more
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