Edison International Raises Common Stock Dividend 6.1%; 21st Consecutive Annual Increase

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Get Alerts EIX Hot Sheet

Price: $54.82 +1.56%

Overall Analyst Rating:
SELL (= Flat)

Dividend Yield: 4.7%
EPS Growth %: -15.0%

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ROSEMEAD, Calif.--(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.