Ex-Dividend Reminder: Consolidated Edison, Entergy and Select Medical Holdings

Consolidated Edison (ED), Entergy (ETR), and Select Medical Holdings (SEM) are scheduled to trade ex-dividend on August 13, 2025, for their respective quarterly payouts of $0.85, $0.60, and $0.0625. This event is projected to result in an approximate price decrease of 0.81% for ED, 0.66% for ETR, and 0.52% for SEM on that date, all else being equal, which is relevant for short-term trading and dividend capture strategies.

Analysis

Consolidated Edison (ED), Entergy Corp (ETR), and Select Medical Holdings (SEM) are slated to trade ex-dividend on August 13, 2025. The event mandates a technical price adjustment at market open, with ED expected to decline by approximately 0.81% from its recent price of $104.48 to reflect its $0.85 quarterly dividend. Similarly, ETR is projected to open 0.66% lower for its $0.60 dividend, and SEM 0.52% lower for its $0.0625 dividend. From a yield perspective, these payouts translate to estimated annualized yields of 3.25% for ED, 2.65% for ETR, and 2.07% for SEM, assuming the dividends continue. The report rightly cautions that dividend sustainability is linked to corporate profitability, suggesting historical stability is a key diligence factor. On the day of the report, trading was mixed among the three, with utility stocks ED and ETR down 0.5% and 0.1% respectively, while healthcare provider SEM showed relative strength, closing up 1.4%.

Key Decisions for Investors

• Dividend capture strategists should note the August 13, 2025 ex-dividend date, understanding that the strategy's success depends on the stock price recovering faster than the dividend amount paid out, net of transaction costs.
• For income-focused portfolios, Consolidated Edison's 3.25% annualized yield presents a more attractive return within the utility sector compared to Entergy's 2.65%, though both offer stable income characteristics typical of the industry.
• Before committing capital based on these yields, it is crucial to assess the dividend history and earnings stability of each company, as the article highlights that payouts are not guaranteed and fluctuate with profits.
• Observe the trading behavior on the ex-dividend date; any deviation from the expected price drop could indicate underlying shifts in investor sentiment or market-making activity for these specific stocks.