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Edison International and Southern California Edison Declare Q3 Dividends

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The Board of Directors of Edison International (NYSE: EIX) announced a quarterly common stock dividend of $0.70 per share, payable on October 31, 2022, to shareholders of record by September 30, 2022. Additionally, the Board declared several semi-annual dividends on its preferred stocks, including $26.875 for Series A and $25.00 for Series B, both payable on September 15, 2022. The Southern California Edison also announced dividends on various preference stocks, marking a commitment to return value to shareholders.

Positive
  • Quarterly dividend of $0.70 per share signifies strong cash flow and shareholder return.
  • Multiple preferred stock dividends indicate robust financial health and investor confidence.
Negative
  • None.

ROSEMEAD, Calif.--(BUSINESS WIRE)-- The Board of Directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.70 per share, payable on October 31, 2022, to shareholders of record on September 30, 2022.

The Edison International Board also declared the following dividends, payable September 15, 2022, to shareholders of record on September 1, 2022:

  • A semi-annual dividend of $26.875 per share on the 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A
  • A semi-annual dividend of $25.00 per share on the 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B

Additionally, the Board of Directors of Southern California Edison (SCE) today declared the following quarterly dividends, payable on September 15, 2022, to shareholders of record on September 14, 2022, 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
  • 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
  • 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
  • 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
  • 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

The SCE Board also declared a quarterly dividend on the Series E preference stock of $17.8564 per share to be paid on November 1, 2022, to holders of record on October 5, 2022.

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 LLC, a global energy advisory firm engaged in the business of providing integrated decarbonization and energy solutions to commercial, industrial and institutional customers.

Investor Relations: Sam Ramraj, (626) 302-2540

Media Contact: Jeff Monford, (626) 476-8120

Source: Edison International

FAQ

What is the dividend amount for Edison International (EIX) in 2022?

Edison International declared a quarterly common stock dividend of $0.70 per share in 2022.

When will the dividend be paid to Edison International shareholders?

The dividend will be paid on October 31, 2022, to shareholders of record on September 30, 2022.

What are the preferred stock dividends declared by Edison International?

A semi-annual dividend of $26.875 for Series A and $25.00 for Series B, payable on September 15, 2022.

How often does Edison International pay dividends?

Edison International typically pays dividends quarterly for common stock and semi-annually for preferred stock.

Edison International

NYSE:EIX

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1.49%
Utilities - Regulated Electric
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United States of America
ROSEMEAD