Edison International’s Utility – Southern California Edison – Submits Reports on Eaton and Hurst Wildfires to State Regulators
Edison International’s subsidiary, Southern California Edison, today submitted two letters to the California Public Utilities Commission providing updates on its ongoing analysis into the origin of the Eaton and Hurst wildfires that began on Jan. 7, 2025, in accordance with state reporting requirements. These reports follow an interim update on the Eaton Fire submitted to the CPUC on Jan. 27, 2025.
EDISON ALERT: Bragar Eagel & Squire, P.C. is Investigating Edison International on Behalf of Edison Stockholders and Encourages Investors to Contact the FirmNEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Edison International (“Edison” or the “Company”) (
NYSEEIX) on behalf of Edison stockholders. Our investigation concerns whether Edison has violated the federal securities laws and/or engaged in other unlawful business practices.
EIX Investors Have Opportunity to Join Edison International Securities Fraud Investigation with the Schall Law Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Edison International (“Edison” or “the Company”) (
NYSEEIX) for violations of the securities laws.
Rosen Law Firm Encourages Edison International Investors to Inquire About Securities Class Action Investigation – EIX
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Edison International (
NYSEEIX) resulting from allegations that Edison may have issued materially misleading business information to the investing public.
Edison International Provides Latest Update on Southern California Wildfires and SCE Power Outages
Powerful winds and several dangerous wildfires continue to create life-threatening conditions in parts of Southern California.
Edison International Provides Update on Southern California Wildfires and SCE Power Outages
Extreme winds and dangerous fires fueled by strong winds have created life-threatening conditions in parts of Southern California.
Edison International Raises Common Stock Dividend 6.1%; 21st Consecutive Annual Increase
Edison International (
NYSEEIX) 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.
Southern California Edison Announces Redemption of SCE Trust III 5.75% Fixed to Floating Rate Trust Preference Securities
Southern California Edison announced today that it will redeem all the outstanding shares of its Series H Preference Stock, which will cause SCE Trust III to redeem all of its outstanding 5.75% Fixed to Floating Rate Trust Preference Securities (“Trust Preference Securities”). The redemption date will be Nov. 28, 2024, and the redemption price will be $25.00 per Trust Preference Security, plus accrued and unpaid dividends up to, but excluding the redemption date. The amount of accrued and unpaid distributions to but excluding Nov. 28, 2024 is $0.426992 per Trust Preference Security.
Edison International Reports Third-Quarter 2024 Results
Edison International (
NYSEEIX) today reported third-quarter net income of $516 million, or $1.33 per share, compared to net income of $155 million, or $0.40 per share, in the third quarter of last year. As adjusted, third-quarter core earnings were $582 million, or $1.51 per share, compared to core earnings of $531 million, or $1.38 per share, in the third quarter of last year.
$1.5 Million Edison Scholars Program Accepting Applications
High school seniors passionate about science, technology, engineering or math (STEM) are encouraged to apply for the Edison scholarship. Today, Edison International opened the application period for its much-celebrated Edison Scholars Program that awards $50,000, paid over four years, to STEM-focused students to pursue their dreams.
California’s Clean Energy Future: Net Zero by 2045 is Within Reach
The clean energy future for California is still attainable, despite infrastructure challenges, extreme weather impacts and technological and policy gaps. To achieve this, we must act now. Today at Climate Week NYC, Edison International released Reaching Net Zero, a forward-looking analysis that reinforces the urgent need for multisector collaboration, enhanced efficiencies and significant investment in clean firm generation to meet California’s goal of net-zero greenhouse gas emissions by 2045.
Edison International, Southern California Edison Declare Dividends
The board of directors of Edison International (
NYSEEIX) today declared a quarterly common stock dividend of $0.78 per share, payable on Oct. 31, 2024, to shareholders of record on Oct. 7, 2024.
Southern California Edison and Ford Team Up to Reward Electric Vehicle Customers for Supporting the Grid
Ford Motor Company electric vehicle owners and lessees in Southern California Edison’s (SCE) service area now have the option to be compensated for assisting the electric grid during peak periods of energy demand. Ford is the first major U.S. automaker to facilitate customer participation in SCE’s Emergency Load Reduction Program (ELRP), one of the utility’s ongoing efforts to enhance grid resilience that also advances vehicle grid integration (VGI).
Edison International, Southern California Edison Declare Q3 Dividends
The board of directors of Edison International (
NYSEEIX) today declared the following dividends, payable Sept. 15, 2024, to shareholders of record on Sept. 1, 2024:
Edison International Reports Second-Quarter 2024 Results
Edison International (
NYSEEIX) today reported second-quarter net income of $439 million, or $1.14 per share, compared to net income of $354 million, or $0.92 per share, in the second quarter of last year. As adjusted, second-quarter core earnings were $475 million, or $1.23 per share, compared to core earnings of $388 million, or $1.01 per share, in the second quarter of last year.
Edison International Announces 12 Lineworker Scholarship Recipients
Today, Edison International announced the 12 recipients of the Edison International Lineworker Scholarship, which awards up to $25,000 per recipient to pursue a career in the skilled trade workforce at Southern California Edison. The scholarship, funded by Edison International shareholders and IBEW Local 47, is designed to build and strengthen a diverse workforce in SCE’s service area.
Edison International Declares Q2 Dividend
The board of directors of Edison International (
NYSEEIX) today declared a quarterly common stock dividend of $0.78 per share, payable on July 31, 2024, to shareholders of record on July 8, 2024.
Southern California Edison, Lotus Infrastructure Partners Chosen by CAISO to Build Major Transmission Project Between San Diego, Orange Counties
Southern California Edison and Lotus Infrastructure Partners today announced they were chosen by the California Independent System Operator (CAISO) to develop, permit, own, operate and maintain new transmission infrastructure that will deliver energy from renewable sources, such as utility-scale solar, wind and battery installations, to Southern California. The companies will build a high-voltage transmission line from Serrano Substation in north-central Orange County to a substation in the vicinity of the retired San Onofre Nuclear Generating Station (SONGS), largely utilizing existing rights of way for the line.
