News Summary
Southern California Edison (SCE) has announced that its board of directors declared dividends on preference stocks, scheduled for payout on June 15, 2025. Shareholders must be on record by June 13 to qualify for the dividends. With a market cap of $22.39 billion, this news is particularly significant for investors. SCE serves 15 million people across California and continues to be a trusted investment, evidenced by high institutional ownership. Stay informed for more updates that can impact your investment decisions.
Exciting News from Rosemead: Southern California Edison Declares Dividends!
Hey there, folks in Rosemead! If you’re a shareholder in Southern California Edison (SCE), there’s some news that’ll definitely brighten your day. The company, which is a big player in the electric utility game, has just announced that its board of directors has declared dividends on several series of preference stocks. Mark your calendars, because these dividends are set to be paid out on June 15, 2025!
What It Means for Shareholders
Now, for all the investors out there, here’s what you’ll need to know: to get your dividends, you have to be a shareholder of record by June 13, 2025. It’s a quick turnaround, but if you’re up-to-date, you’ll be in the clear. This is a great chance for folks holding preferences stocks to enjoy some extra earnings. So, make sure you check your investment status and get ready to celebrate some potential gains!
Who is Southern California Edison?
If you’re not familiar with SCE, let me fill you in. This company is a subsidiary of Edison International, which is listed on the stock market under the ticker symbol EIX. Serving approximately 15 million people across a vast service area of 50,000 square miles, it’s one of the largest electric utilities in the entire United States! With around 5 million customer accounts, they truly light up the lives of many residents in Central, Coastal, and Southern California.
The Bigger Picture
Now, let’s take a step back and look at the broader financial side of things. Edison International itself boasts a market capitalization of a whopping $22.39 billion. Just to give you an idea of the investment interest in this company, institutional ownership currently stands at a massive 90.94%. That’s some serious trust in the business, don’t you think?
Got Questions? They Have Answers!
Investors who have queries or need clarification can reach out to their dedicated contact, Sam Ramraj, at (626) 302-2540. It’s always a good idea to stay informed about your investments, so don’t hesitate to ask if you have questions. Also, if you’re part of the media or simply curious, inquiries can be directed to (626) 302-2255 or dropped via email at News@sce.com. The more you know, the better!
Wrapping It Up
This recent announcement from Southern California Edison is definitely one to watch, especially if you’re currently investing in their stocks or considering doing so. The upcoming dividends add a nice incentive for both current and prospective shareholders. So, paint your calendar and keep an eye on those important dates!
Stay tuned for more updates and news regarding SCE and other developments that might electrify your investment journey!
Deeper Dive: News & Info About This Topic
- Business Wire: Southern California Edison Declares Dividends
- Wikipedia: Southern California Edison
- Joplin Globe: Southern California Edison Declares Dividends
- Google Search: Southern California Edison Dividends
- Business Wire: Southern California Edison Announces Redemption
