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EIX
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117 days

Southern California Edison Declares Dividends

1. Southern California Edison declares dividends on preferred stocks. 2. Dividends per security are $0.31875 and $0.3359375.

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FAQ

Why Bullish?

Declaring dividends usually reflects financial health, potentially boosting investor confidence. Historical precedent shows that dividend increases often lead to stock price appreciation, as seen with EIX during previous dividend announcements.

How important is it?

The announcement of dividends indicates solid cash flow and commitment to shareholder returns, crucial in utility sectors. This positivity can enhance EIX's market perception and stability.

Why Short Term?

The immediate effect on investor sentiment due to the dividend declaration can drive short-term price movements. Previous announcements have resulted in quick market reactions within weeks.

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DTEPCGNEE
ROSEMEAD, Calif.--(BUSINESS WIRE)--The board of directors of Southern California Edison today declared the following dividends: A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II's 5.10% Trust Preference Securities A quarterly dividend on the Series J preference stock, which would result in a distribution of $0.3359375 per security on SCE Trust IV's 5.375% Trust Preference Securities A quarterly dividend on the Se.

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