News Summary
Southern California Edison has announced the declaration of dividends on several series of preference stocks, scheduled to be paid on June 15, 2025. Shareholders must ensure they are on the list by June 13, 2025, to receive this financial benefit. With a massive customer base and strong institutional ownership, this announcement brings good news for both current and prospective investors. As a subsidiary of Edison International, the utility’s financial stability and profitable opportunity create an exciting landscape for investment.
Exciting News from Rosemead: Southern California Edison Declares Dividends!
In a thrilling announcement for investors, Southern California Edison has revealed that their board of directors has declared dividends on several series of preference stocks. Mark your calendars! These dividends are set to hit accounts on June 15, 2025. If you’re a shareholder, you’ll want to make sure you’re on the list before the deadline on June 13, 2025. This could be a great opportunity, especially for those watching their investments closely.
What Does This Mean For Shareholders?
For those of you with a stake in Southern California Edison, and there are many—think about it: the utility serves about 15 million people across parts of our sunny state! With approximately 5 million customer accounts, it’s one of the largest electric utilities in the entire country.
Operating across a massive area of 50,000 square miles, Southern California Edison covers regions from Central to Coastal and Southern California. This extensive reach ensures that they are a crucial supplier of electricity to millions, making this dividend declaration even more significant.
An Overview of Edison International
Now, let’s take a quick look at the bigger picture. Southern California Edison is actually a subsidiary of Edison International. This parent company has a substantial market capitalization of about $22.39 billion. Investors have shown a keen interest, with institutional ownership sitting at a high 90.94%. It’s clear that the investor confidence in Edison International, and by extension Southern California Edison, is strong.
What Should Current and Prospective Investors Do?
For anyone holding shares or thinking about investing, the time is now to make sure you are in a position to receive those dividends. Ensure that you are on the shareholder record by the June 13 cutoff to benefit from this financial reward. This announcement opens up an exciting window for current and potential investors alike.
Need More Information?
If you have questions or need further information, don’t hesitate to reach out! Investors can contact Sam Ramraj at (626) 302-2540 for more insights. If you’re part of the media or want to share the news, you can also reach out for media inquiries at (626) 302-2255 or via email at News@sce.com. This announcement was officially made from Rosemead, California through a press release, ensuring the news reaches the ears of those it impacts the most.
Wrapping It All Up
So, there you have it! With dividends to be paid soon and a strong backing from Edison International, Southern California Edison is proving once again that they are not just a utility, but a significant player in providing financial opportunities to their shareholders. This is an exciting time for both current investors and those looking to jump in. Don’t miss out on what could be a profitable payday on June 15!
Deeper Dive: News & Info About This Topic
- Business Wire: Southern California Edison Declares Dividends
- Wikipedia: Southern California Edison
- Seeking Alpha: Edison International Risk Analysis
- Joplin Globe: Southern California Edison Declares Dividends
- Business Wire: Southern California Edison Announces Redemption of Preference Stock