UPDATE: Edison Int'l (EIX) Raises Quarterly Dividend 15% to $0.48; 3.3% Yield
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Edison International Raises Common Stock Dividend 15 Percent; Sees Multi-Year Return Opportunity
December 10, 2015 5:21 PM ESTSouthern California Edison declares preferred stock dividends
ROSEMEAD, Calif.--(BUSINESS WIRE)-- Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.48 per share, payable on January 31, 2016, to shareholders of record on December 31, 2015. This action increases the annual dividend rate by 15 percent, from $1.67 per share to $1.92 per share. Edison International has increased its common stock dividend for 12 consecutive years.
With this action today, we are taking another meaningful step to return Edison Internationals common stock dividend to the target payout ratio of 45 to 55 percent of... More
