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Southern California Edison Declares Quarterly Dividend
(June 24, 2010)
Board of Directors of Southern California Edison today declared the following set of quarterly dividends:
- Quarterly dividends of $1.5125 per share on the Series A preference stock1, payable on July 31, 2010, to shareholders of record on July 6, 2010.
- Quarterly dividends of $0.255 per share on the 4.08% series of cumulative preferred stock, $0.265 per share on the 4.24% series of cumulative preferred stock and $0.29875 per share on the 4.78% series of cumulative preferred stock. Each of these dividends is payable on August 31, 2010, to shareholders of record on August 5, 2010.
- Quarterly dividends of $1.53125 per share on the Series B preference stock and $0.27 per share on the 4.32% series of cumulative preferred stock. Each of these dividends is payable on September 30, 2010, to shareholders of record on September 3, 2010.
The company closed June 24/2010 its share price at $32.77, down 0.24% from the day trading earlier. The company has a $10.68 billion market capitalization and has 325.81 million shares outstanding.
Southern California Edison is featured in our high yielding Utilities dividend stocks category as well as large cap (more than $10 billion in market capitalization) stocks.
About Southern California Edison
Edison International is the holding company for Southern California Edison Company (SCE), a California public utility corporation; Edison Mission Energy (EME), an independent power producer, and Edison Capital, an infrastructure finance company. The Company operates through three segments: an electric utility operation segment (SCE), a power generation segment (EME), and a financial services provider segment (Edison Capital). In the electric utility operation segment, the Company operates through SCE. In the power generation segment, it operates through Mission Energy Holding Company (MEHC), the holding company, and its subsidiary Edison Mission Energy (EME). In the financial services provider segment, the Company operates through Edison Capital.