Welcome to our dedicated page for Edison Intl news (Ticker: EIX), a resource for investors and traders seeking the latest updates and insights on Edison Intl stock.
Edison International (NYSE: EIX) delivers essential energy services through Southern California Edison and strategic nonregulated operations. This news hub provides investors with comprehensive coverage of the company's financial developments, infrastructure projects, and regulatory milestones.
Access real-time updates including quarterly results, grid modernization initiatives, and sustainability commitments. Our curated collection features official press releases about rate cases, renewable energy investments, and community partnership programs aligned with California's clean energy goals.
Key content areas include earnings announcements, regulatory filings with CPUC, transmission system upgrades, and wildfire mitigation strategies. Bookmark this page for streamlined tracking of EIX's operational updates and leadership in electric vehicle infrastructure development.
Southern California Edison has announced quarterly dividend declarations for multiple series of preference stocks. The dividends will be paid on June 15, 2025, to shareholders of record as of June 13, 2025. The distributions include:
- Series G (SCE Trust II): $0.31875 per security at 5.10%
- Series J (SCE Trust IV): $0.3359375 per security at 5.375%
- Series K (SCE Trust V): $0.340625 per security at 5.45%
- Series L (SCE Trust VI): $0.3125 per security at 5.00%
- Series M (SCE Trust VII): $0.46875 per security at 7.50%
- Series N (SCE Trust VIII): $0.434375 per security at 6.95%
Southern California Edison (SCE) has unveiled a comprehensive plan to rebuild electrical distribution infrastructure in Altadena and Malibu areas affected by January wildfires. The $860M-$925M plan includes undergrounding 153 circuit miles of power lines, with 130 miles in High Fire Risk Areas (HFRA) and 23 miles in non-HFRA Altadena areas. An additional 19 circuit miles in Altadena are under evaluation.
The rebuilding strategy focuses on increasing reliability and resilience through:
- Upgrading infrastructure to accommodate greater electricity demand
- Exploring Community Resiliency Zones with backup power
- Providing portable battery storage for critical care customers
- Installing smart panels at rebuilt properties
SCE has acknowledged potential involvement of their equipment in the Eaton Fire, with ongoing investigations. The company has conducted over 50 community engagements since January and will continue discussions to refine the rebuilding plan.
Edison International celebrates the 20th anniversary of its Edison Scholars Program, awarding $50,000 scholarships to 30 high school seniors from Southern California Edison's service area pursuing STEM education. The 2025 class joins 790 previous scholars who have developed careers in computer science, biochemistry, and cybersecurity.
The program, funded by shareholders rather than ratepayer dollars, supports students who demonstrate academic excellence and financial need. Recipients are surprised with giant check presentations in front of friends, family, and educators, followed by a special reception at the company headquarters.
As highlighted by Pedro J. Pizarro, president and CEO of Edison International, the initiative aims to develop a future workforce capable of addressing challenges like wildfire impacts and building more resilient communities through STEM innovation.
Edison International and Southern California Edison (SCE) have launched the 2025 Lineworker Scholarship Program application period, marking its fifth year. The program, partnered with IBEW Local 47, offers up to $25,000 per recipient to cover tuition, tools, and support services.
Scholarship recipients will complete the Powerline Mechanic certificate program at Los Angeles Trade-Technical College and become eligible for entry-level positions at SCE upon meeting requirements, including obtaining a Class A driver's license. Jobs will be within SCE's 50,000-square-mile service area.
Eligibility requirements include demonstrated financial need, enrollment for fall 2025, high school diploma or GED, U.S. work eligibility, and valid driver's license. The application deadline is May 9, with preference given to California residents. The program is funded by Edison International shareholders, not ratepayers.
Edison International (NYSE: EIX) has scheduled a conference call to discuss its First Quarter 2025 Financial Results. The call will take place from 1:30-2:30 p.m. (PDT). Investors and analysts can join via phone using 1-888-673-9780 (U.S. callers) or 1-312-470-0178 (international callers) with passcode 'Edison'.
A live webcast will be available at www.edisoninvestor.com. For those unable to attend, a telephone replay will be accessible through May 13 at 6 p.m. (PDT) using 1-800-685-6667 (U.S.) or 1-203-369-3864 (international) with passcode 5794.
Southern California Edison (SCE), a subsidiary of Edison International, announces the next phase of its investigation into the Eaton Fire starting March 17. The investigation includes detailed physical inspections and testing of electrical equipment in Eaton Canyon, conducted in coordination with fire investigators and local authorities.
The inspection protocol, developed collaboratively with stakeholders, will involve:
- Climbing examinations of towers
- Resistance and current injection testing
- Additional drone inspections
Following the January 2025 Southern California wildfires, SCE has made significant progress in rebuilding efforts, including:
- Setting over 1,860 poles
- Installing more than 690 transformers
- Stringing approximately 161 miles of power lines
Edison International (NYSE: EIX) has announced its quarterly dividend declarations. The company will pay a quarterly common stock dividend of $0.8275 per share on April 30, 2025, to shareholders of record on April 7, 2025.
The board also declared semiannual dividends on preferred stocks: $26.875 per share on Series A (5.375% Fixed-Rate Reset) and $25.00 per share on Series B (5.00% Fixed-Rate Reset), both payable March 15, 2025.
Southern California Edison announced quarterly dividends on multiple preference stock series (G through N), with distributions ranging from $0.31875 to $0.46875 per security, all payable on March 15, 2025, to holders of record on March 14, 2025.
Edison International (EIX) reported fourth-quarter 2024 net income of $340 million, or $0.88 per share, compared to $378 million ($0.99/share) in Q4 2023. Core earnings were $405 million ($1.05/share) versus $490 million ($1.28/share) last year.
For full-year 2024, EIX posted net income of $1,284 million ($3.33/share) compared to $1,197 million ($3.12/share) in 2023. Core earnings reached $1,900 million ($4.93/share) versus $1,825 million ($4.76/share) in 2023.
The company's TKM settlement was approved, authorizing $1.6 billion of cost recovery for pre-AB 1054 wildfire. EIX revised its 2025 Core EPS guidance to $5.94-$6.34 and maintains confidence in delivering 5-7% Core EPS growth from $5.84 (2025) to $6.74-$7.14 (2028).
Edison International (NYSE: EIX) and Southern California Edison have announced the appointment of Jennifer Granholm to their boards of directors, effective April 1.
Granholm, a former U.S. Secretary of Energy and Governor of Michigan, brings extensive experience in advancing clean energy solutions and deploying zero-carbon technologies. She has a strong background in cybersecurity and the protection of power grids and electric utilities.
During her tenure as Secretary of Energy, Granholm oversaw significant investments in cybersecurity tools and technologies to enhance the resilience of U.S. energy infrastructure. She also worked on solutions for spent nuclear fuel, which could drive industry growth. Under her leadership, the DOE invested over $200 billion in clean energy projects, creating more than 400,000 jobs in the U.S.
Peter J. Taylor, Edison International board chair, emphasized her expertise in cybersecurity, physical security, and clean energy resources. Pedro J. Pizarro, president and CEO of Edison International, highlighted her background in energy technology, policy, and sustainability.
Granholm has also diversified Michigan's economy towards clean energy during her governorship and has taught law and public policy at UC Berkeley, specializing in clean energy and public leadership.
Southern California Edison (SCE), a subsidiary of Edison International, submitted reports to California regulators regarding the Eaton and Hurst wildfires that began on January 7, 2025. For the Eaton Fire, while videos suggest possible links to SCE's equipment, the company hasn't found typical indicators like broken conductors or fault evidence. The investigation remains ongoing.
Regarding the Hurst Fire, which burned 799 acres and was contained on January 16, 2025, SCE acknowledges its equipment may be associated with the ignition, though investigations continue. In response to these emergencies, SCE has deployed over 3,500 crew members who have installed 400,000 feet of power lines, set 1,265 poles, and replaced 380 transformers. Edison International has committed $1 million to support relief efforts, including $350,000 in initial distributions to various organizations.
