National Grid Is The Clear Winner In The Dividend Bout Against Utility ConEd

Seeking AlphaDividend Ideas | Utilities  | United KingdomNational Grid Is The Clear Winner In The Dividend Bout Against Utility ConEdDec. 3, 2020 7:00 AM ET|| About: National Grid plc (NGG), NGGTF, Includes: EDby: Portfolio NavigatorPortfolio Navigator Dividend Investing, Dividend Growth Investing, large-cap, mega-capSummaryIf you could only allocate to one more dividend stock, National Grid or Consolidated Edison - Which should you choose?
While the dividend makes a strong case for both companies, we dig deeper to look into each business, financial strength, analyst outlook, as well as potential risks.
The match starts off as a close contest, but in the end National Grid is the clear winner.
This is the first in what I plan to be a regular piece comparing two popular dividend stocks. Let me know your thoughts on this format and what match-up you would like to see next.
Overview
In this article we compare two popular dividend stocks: Consolidated Edison, Inc. (ED) and National Grid (NGG) to determine which is the better addition to your portfolio. We start with analyzing the dividend, and then look at each company's business lines, financials, stock expectations, and then potential risks. While the competition looks tight based on the dividend, ultimately National Grid is the winner.
The Contenders (Introduction)
Good portfolio management is not just about picking the right stocks, but also making hard decisions on where to allocate investment dollars. While there are potentially many great investments in the markets today, identifying and sizing these investments can be crucial. In this article, we analyze two popular dividend stocks: Consolidated Edison Inc. or ConEd and National Grid Plc. Both companies are amongst the largest utilities in the market, have a long history of serving their customers, and pay an attractive dividend. If you only had enough capital to invest in one of these companies, which one wins in the Dividend Bout?

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