Edison International (EIX) DIvidends Date & History

Key Takeaways

• Edison International offers a forward dividend yield of 5.10%, above the utility sector average.
• Quarterly dividend of $0.8775 per share, annualizing to $3.51.
• 24 consecutive years of dividend increases, demonstrating commitment to shareholders.
• Payout ratio of 29.09%, indicating ample earnings coverage for sustainability.
• Higher yield compared to peers like DUK and SO, which offer around 3-4%.
• Recent 6% dividend hike in December 2025 supports ongoing growth.

Dividend Overview

Edison International (EIX), a leading utility holding company primarily serving Southern California through its subsidiary Southern California Edison, maintains a robust dividend policy. The company pays dividends quarterly, with the most recent ex-dividend date on April 7, 2026, and payment on April 30, 2026, at $0.8775 per share. This annualizes to $3.51 per share, delivering a forward yield of 5.10% based on a recent stock price around $68.86. Positioned as a high-yield stock in the defensive utilities sector, EIX appeals to income-focused investors rather than pure dividend growth aristocrats, though it boasts a impressive track record of annual increases.

Dividend History and Growth

Edison International has a long history of consistent dividend payments and growth. Over the past decade, the quarterly dividend has risen steadily, from $0.7375 in 2023 to the current $0.8775, reflecting a recent 6% increase announced in December 2025. The company has achieved 24 consecutive years of dividend increases, with a five-year growth rate of approximately 5.57%. This strategy aligns with its long-term goal of balancing shareholder returns with investments in grid reliability and clean energy transitions.

Dividend Sustainability and Payout Ratio

The dividend's sustainability is supported by a trailing payout ratio of 29.09%, meaning only about 29% of earnings are distributed as dividends, leaving significant room for reinvestment and growth. With trailing twelve-month EPS of $11.55, earnings comfortably cover the payout. While free cash flow (FCF, cash generated after capital expenditures) has been negative due to heavy infrastructure investments common in utilities, operating cash flow provides adequate coverage. Moderate debt levels and regulated revenue streams further bolster stability.

Dividend Compared to Industry Peers

Edison International's 5.10% forward yield exceeds the utilities sector average of around 3% and stands out among peers. For instance, DUK (Duke Energy) and SO (Southern Company) offer yields near 3.5-4%, while NEE (NextEra Energy) is lower at about 2.7%. This positions EIX as a higher-yielding option in the regulated electric utility industry, though with potentially higher volatility tied to California regulations.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. It is particularly useful for identifying dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore the AI Screener to enhance your investment research today.

Is This Stock Attractive for Dividend Investors?

Edison International may appeal to income investors seeking high yields in a defensive sector, offering 5.10% forward yield amid economic uncertainty. Its 24-year dividend growth streak and low 29% payout ratio suggest reliability for those prioritizing steady quarterly payouts over rapid growth. Conservative long-term investors could value the regulated utility model's stability, though exposure to California wildfire risks and regulatory changes warrants caution. High-yield seekers might find it compelling relative to lower-yielding peers, but dividend growth investors may prefer faster-growing names. Overall, it suits portfolios balancing yield and moderate growth in essential services.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations