Edison International (NYSE: EIX) today declared a quarterly common stock
dividend of $0.355 per share, payable on January 31, 2014, to
shareholders of record on December 31, 2013. This action increases the
annual dividend from $1.35 per share to $1.42 per share.
“This announcement continues a decade of consecutive annual increases in
Edison International’s common stock dividend,” said Ted Craver, chairman
and CEO of Edison International. “The action reflects further progress
toward returning in steps over time to our target dividend payout ratio
of 45 to 55 percent of the earnings of Southern California Edison.”
Additionally, SCE today declared the following dividends:
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Quarterly dividends of $1.2675 per share on the Series A preference
stock, payable January 31, 2014, to shareholders of record on January
3, 2014.
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A dividend of $31.25 per share on the Series E preference stock,
payable on February 1, 2014, to shareholders of record on January 3,
2014.
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Quarterly dividends of $0.255 per share on the 4.08% series of
cumulative preferred stock, $0.265 per share on the 4.24% series of
cumulative preferred stock and $0.29875 per share on the 4.78% series
of cumulative preferred stock. Each of these dividends is payable on
February 28, 2014, to shareholders of record on February 5, 2014.
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A quarterly dividend of $1.625 per share on the Series D preference
stock, payable on March 1, 2014, to shareholders of record on February
5, 2014.
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Quarterly dividends of $35.15625 per share on the Series F preference
stock and $31.875 per share on the Series G preference stock. Each of
these dividends is payable on March 15, 2014 to the shareholder of
record on March 14, 2014.
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A quarterly dividend of $0.27 per share on the 4.32% series of
cumulative preferred stock, payable on March 31, 2014, to shareholders
of record on March 5, 2014.
About Edison International
Edison International (NYSE:EIX), through its subsidiaries, is a
generator and distributor of electric power and an investor in energy
services and technologies, including renewable energy. Headquartered in
Rosemead, Calif., Edison International is the parent company of Southern
California Edison, one of the nation’s largest electric utilities.
Copyright Business Wire 2013