Edison International and Southern California Edison Declare Dividends

Rhea-AI Summary

Edison International (NYSE: EIX) declared a quarterly common stock dividend of $0.6625 per share, to be paid on April 30, 2021, for shareholders of record on March 31, 2021.

Additionally, dividends were announced for various Series preference stocks:

• Series G: $0.31875
• Series H: $0.359375
• Series J: $0.3359375
• Series K: $0.340625
• Series L: $0.3125

All preference stock dividends will be paid on March 15, 2021, to holders of record on March 12, 2021.

Positive

• Quarterly common stock dividend of $0.6625 per share provides income for shareholders.
• Preference stock dividends reflect company confidence in financial stability.

Negative

• None.

The Board of Directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.6625 per share, to be paid on April 30, 2021, to shareholders of record on March 31, 2021.

Additionally, the Board of Directors of Southern California Edison today declared the following dividends:

• A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II’s 5.10% Trust Preference Securities.

• A quarterly dividend on the Series H preference stock, which would result in a distribution of $0.359375 per security on SCE Trust III’s 5.75% Trust Preference Securities.

• A quarterly dividend on the Series J preference stock, which would result in a distribution of $0.3359375 per security on SCE Trust IV’s 5.375% Trust Preference Securities.

• A quarterly dividend on the Series K preference stock, which would result in a distribution of $0.340625 per security on SCE Trust V’s 5.45% Trust Preference Securities.

• A quarterly dividend on the Series L preference stock, which would result in a distribution of $0.3125 per security on SCE Trust VI’s 5.00% Trust Preference Securities.

Each of these dividends is to be paid on March 15, 2021, to the applicable holder of record on March 12, 2021.

About Edison International

Edison International (NYSE: EIX) is one of the nation’s largest electric utility holding companies, providing clean and reliable energy and energy services through its independent companies. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California. Edison International is also the parent company of Edison Energy, a global energy advisory company delivering comprehensive, data-driven energy solutions to commercial and industrial users to meet their cost, sustainability and risk goals.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210225006172/en/

FAQ

What is the dividend amount for Edison International (EIX)?

Edison International declared a quarterly common stock dividend of $0.6625 per share.

When will the dividend for EIX be paid?

The dividend will be paid on April 30, 2021.

What are the preference stock dividends announced by Edison International?

Dividends announced include Series G: $0.31875, Series H: $0.359375, Series J: $0.3359375, Series K: $0.340625, and Series L: $0.3125.

When will the preference stock dividends be paid?

The preference stock dividends will be paid on March 15, 2021.