News Summary
Southern California Edison has announced that it will be issuing dividends on several series of preference stocks, scheduled for payout on June 15, 2025. Shareholders must be on the records by June 13, 2025, to be eligible. This announcement reflects SCE’s commitment to providing returns for its investors, bolstering confidence in its strong market presence. The company’s parent, Edison International, has a market capitalization of $22.39 billion, marking it as a significant player in the electric utility sector in the United States.
Exciting News for Shareholders as Southern California Edison Announces June Dividends
In sunny Rosemead, California, a buzz of excitement is in the air for shareholders of Southern California Edison (SCE) as the utility giant has just declared dividends on several series of preference stocks. With the dividends scheduled to be paid out bright and early on June 15, 2025, it’s time for shareholders to check their records!
Mark Your Calendars!
To make sure you don’t miss out, all shareholders need to be aware that they must be on the record by June 13, 2025, to be eligible for the upcoming dividends. This means that if you hold shares in SCE, now might be the perfect moment to double-check your status and make sure you’re all set for the payout.
About Southern California Edison
For those not in the know, Southern California Edison is a major player in the electric utility sector, and it’s a proud subsidiary of Edison International, which trades on the New York Stock Exchange under the ticker symbol EIX. This powerhouse serves an impressive base of around 15 million people, with approximately 5 million customer accounts spread across its vast operating area.
The service territory of SCE isn’t small by any means; it spans a whopping 50,000 square miles and includes Central, Coastal, and Southern California. This extensive reach makes SCE one of the largest electric utilities in the entire United States, serving a diverse mix of communities and ensuring they keep the lights on.
Diving into the Details
In the financial landscape, Southern California Edison isn’t just a local favorite; its parent company, Edison International, flaunts a hearty market capitalization of $22.39 billion. With such a significant presence in the market, it’s no surprise that institutional ownership in Edison International is particularly strong, standing at 90.94%. This high rate speaks volumes about the confidence investors have in the utility’s future and stability.
For Investors
If you happen to have any questions or require further information regarding the dividends or your shares, the company has made it easy to reach out. Investors can contact Sam Ramraj at (626) 302-2540 for assistance. If you represent the media or have inquiries related to press releases, feel free to reach out at (626) 302-2255 or drop a quick email at News@sce.com.
What This Means for Shareholders
For current shareholders, this announcement is not just a formality; it’s a positive affirmation of the company’s commitment to providing value and returns to its investors. Dividends can be a significant source of passive income, making them highly sought after among shareholders. As the date approaches, investors are likely looking forward to that sweet cash flow this summer. So here’s to hoping for more good news to come from Southern California Edison!
In Conclusion
As Southern California Edison gears up for these dividend announcements, it’s a good time to be a part of their journey. With their extensive service area, solid market capitalization, and dedicated customer base, SCE continues to lead the charge in delivering reliable electric service to millions. So whether you’re an investor, customer, or just curious about what’s happening in the world of utilities, keep an eye on June 15, 2025! The future looks bright in Rosemead as SCE shows its commitment to shareholders.
Deeper Dive: News & Info About This Topic
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