Consolidated Edison, Inc. (NYSE:ED) is among the 13 Incredibly Cheap Dividend Stocks to Invest in, offering consistent payouts and reliable income to investors seeking steady returns. The company serves the New York City region as an electric and gas utility, with plans to invest $38 billion in infrastructure by the end of the decade, driving earnings growth and dividend increases. Consolidated Edison has raised its dividends for 51 consecutive years, paying a quarterly dividend of $0.85 per share. While ED presents investment potential, some believe AI stocks offer greater upside with less risk. For those interested in undervalued AI stocks, consider exploring the best short-term AI stock for potential benefits.

Read more at Yahoo Finance: How Consolidated Edison’s (ED) Consistent Payouts Strengthen its Case Among Cheap Dividend Stocks