Current Report: Edison International
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Founded in 1886 and based in Rosemead, California, Edison International (EIX), through subsidiaries, generates and distributes electric power.
Its residential, commercial, industrial, and governmental customers are located in an approximately 50,000 square-mile area of southern California.
Three key data points gauge Edison or any dividend paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also indicate if any company has made, is making, and will make money.
EIX Price
Edison's share price fell 36% from $86.81 to $54.92 over the past year, per Tuesday’s market price. Fifteen analysts cover the stock.
The median of their price targets showed a $11.74 estimated price gain to $67.25 come October, 2026.
EIX Dividends
Edison has paid dividends quarterly since April 30, 1996.
The current forward-looking annual $3.32 dividend yields 6.06% per Tuesday’s $54.92 share price.
The next $0.83 quarterly dividend will pay out on October 31st to Shareholders of record on October 7th.
EIX Returns
Putting it all together, an $11.06 estimated gross gain per share shows up when adding Edison’s annual $3.32 dividend to just a portion of the estimated $11.74 annual price gain projected by 15 analysts, amounting to $7.74.
A little under $1000 invested at the recent $54.92 share price would buy 18 shares which, multiply the $11.06 estimated gross gain to $201.38 for the coming year.
About 30% of that $201 gain comes from the $60.60 of annual dividends generated from your $1,000 investment.
Besides, the $60.60 annual dividend income from your $1k investment is $5.68 greater than the recent $54.92 single-share price.
(A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on Edison International to get that current $60.60 annual dividend income that has been paid out over the past 29 years.
The exact track of Edison’s future share price and dividends will entirely be determined by market action and company finances.
Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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