Edison International Raises Common Stock Dividend 6.1%; 21st Consecutive Annual Increase
12 Dezembro 2024 - 6:36PM
Business Wire
Edison International (NYSE: EIX) today declared a quarterly
common stock dividend of $0.8275 per share, payable on Jan. 31,
2025, to shareholders of record on Jan. 7, 2025. This action
increases the annual dividend rate by $0.19 per share for the
quarter ending Jan. 31, 2025. The 2025 annual dividend rate will be
$3.31 per share, an increase of 6.1% from the current annual
dividend rate of $3.12 per share.
“The dividend increase reflects the confidence of our board and
management in our company’s financial future in tandem with our
commitment to achieving our long-term EPS growth target of 5% to
7%,” said Pedro Pizarro, president and CEO of Edison International.
“It’s also our 21st consecutive year of increasing our dividend,
which continues to provide an attractive yield. Today’s
announcement reinforces our dedication to delivering strong returns
for our shareholders.”
About Edison International
Edison International (NYSE: EIX) is one of the nation’s largest
electric utility holding companies, focused on 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 delivering electricity to 15 million people
across Southern, Central and Coastal California. Edison
International is also the parent company of Trio (formerly Edison
Energy), a portfolio of nonregulated competitive businesses
providing integrated sustainability and energy advisory services to
large commercial, industrial and institutional organizations in
North America and Europe.
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