Edison International, SCE declare $25 preferred dividend for Sept 2026

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Edison International declares $25 semi-annual dividend on Series B preferred stock
  • Southern California Edison sets record date for Sept 14, 2026 for quarterly payouts
  • Distributions cover four series of trust preference securities ranging from 5.00% to 7.50%
  • All dividends are scheduled for payment on September 15, 2026
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Edison International (NYSE: EIX) and its subsidiary Southern California Edison declared dividends payable on September 15, 2026. The payouts cover preferred stock and trust preference securities across multiple series.

Edison International Dividend

The board of directors of Edison International declared a semi-annual dividend of $25.00 per share on the 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B. Shareholders of record as of September 1, 2026, are eligible for this distribution.

Southern California Edison Distributions

Southern California Edison declared quarterly dividends on several series of preference stock. These payments translate to specific distributions on associated trust preference securities, payable to shareholders of record on September 14, 2026.

Security Series Trust Preference Security Distribution Per Security Rate
Series G SCE Trust II 5.10% $0.31875 5.10%
Series L SCE Trust VI 5.00% $0.3125 5.00%
Series M SCE Trust VII 7.50% $0.46875 7.50%
Series N SCE Trust VIII 6.95% $0.434375 6.95%

Edison International is the parent company of Southern California Edison, which delivers electricity to 15 million people across Southern, Central, and Coastal California.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might the current interest rate environment influence Edison International's cost of capital for future preferred stock issuances?

What impact could California's evolving regulatory landscape on utility rates have on SCE's ability to maintain these dividend levels long-term?

Are there any upcoming maturity dates or reset triggers for the Series B preferred stock that investors should monitor in 2026?

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Southern California Edison outage hits 22,000 Long Beach customers

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Over 22,000 Southern California Edison customers lost power in Long Beach
  • Peak outage reached 22,066 customers at 6:40 pm PDT Sunday evening
  • Affected count dropped to 14,057 by 11:00 pm with no ETA given
  • Extreme heat watch active with temperatures hitting 93 degrees
  • Parent company Edison International shares rose 0.32% overnight
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More than 22,000 Southern California Edison customers in Long Beach lost electricity Sunday evening amid extreme heat. The utility is deploying crews to restore service.

Outage Details

The disruption began around 6:40 pm PDT, affecting 22,066 customers at its peak. Temperatures reached 93 degrees Fahrenheit as Southern California faced an extreme heat watch. A company spokesperson stated that crews are focused on restoring power as quickly and safely as possible before investigating the cause.

By 11:00 pm, the number of affected customers had fallen to 14,057. However, the utility had not provided an estimated restoration time.

The outage impacted an area bounded by Quincy Avenue to the east, Alamitos Avenue to the west, E. Ocean Boulevard to the north, and E. 7th Street to the south. The specific cause of the failure remains unclear.

Market Reaction

Shares of parent company Edison International (NYSE: EIX) edged up by 0.32% in overnight trading following the incident report.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

Will Southern California Edison face increased regulatory scrutiny or potential fines from the CPUC due to the outage occurring during an extreme heat watch?

How might this incident influence investor sentiment toward Edison International's long-term grid reliability and infrastructure investment plans?

What specific infrastructure upgrades or resilience measures is SCE planning to implement in Long Beach to prevent similar heat-related outages in future summers?

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