Consolidated Edison, Inc. (NYSE: ED) is among the 15 Best Boring Dividend Stocks to Buy. Morgan Stanley lowered its price target on ED to $93 from $97, maintaining an Underweight rating. The company is selling its stake in the Mountain Valley Pipeline for $357.5 million to an Ares Management fund.

Proceeds from the sale will cover ED’s equity needs for 2026 and general corporate purposes. ED’s utility operations provide stable cash flow supporting dividends, increased for 51 consecutive years. The company supplies electricity, gas, and steam to New York City customers.

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Read more at Yahoo Finance: Morgan Stanley Updates Consolidated Edison (ED) Price Target Amid Sector Headwinds