trending Market Intelligence /marketintelligence/en/news-insights/trending/vXc-xJycmX3GJGEleJtpfQ2 content esgSubNav
In This List

Edison International raises annual dividend rate by 11.5%

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024

Podcast

IR in Focus | Episode 10: Capital Markets Outlook

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook


Edison International raises annual dividend rate by 11.5%

Edison International raised its annual dividend rate by 11.5% to $2.42 per share from $2.17 per share, according to a Dec. 7 release.

The resulting quarterly common stock dividend of 60.5 cents per share is payable Jan. 31, 2018, to shareholders of record Dec. 29.

With this action, the company is "taking another meaningful step in raising our dividend towards the upper end of our target payout ratio of 45 to 55 percent of [Southern California Edison Co.] earnings for Edison International," said Pedro Pizarro, president and CEO of Edison International.