Edison International (NYSE:EIX) declared quarterly dividend of $ 0.6375 per share, or $ 2.55 annualized.
The dividend will be payable on October 31, 2020, to stockholders of record on September 30, 2020, with an ex-dividend date of September 29, 2020.
Dividends History
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Recent Earnings Announcement
Edison International recorded income for the second quarter of $ 1.00 per share, from the revenue of $ 2,987.00 million. The quarterly earnings fell 36.71 percent while revenues swell 6.22 percent compared with the same quarter last year.
Wall street analysts are predicting, EIX to report 2Q20 income of $ 1.11 per share from revenue of $ 3010.57 million. The bottom line results missed street analysts by $ 0.11 or 9.91 percent, at the same time, top line results fell short of analysts by $ 23.57 million or 0.78 percent.
Stock Performance
Shares of Edison International traded up $ 0.66 or 1.29 percent on Thursday, reaching $ 51.75 with volume of 1.26 million shares. Edison International has traded high as $ 51.97 and has cracked $ 51.16 on the downward trend
The closing price of $ 51.75, representing a 17.10 % increase from the 52 week low of $ 43.63 and a 35.27 % decrease over the 52 week high of $ 78.93.
The company has a market capital of $ 19.57 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.
Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. It generates electricity through hydroelectric, diesel/liquid petroleum gas, natural gas, nuclear, and photovoltaic sources. The company supplies electricity primarily to residential, commercial, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks.
