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Edison International approved a 6% increase to its quarterly dividend, raising the annual payout to $3.51 per share.
Southern California Edison has initiated payments for its Eaton Fire compensation program, having received over 1,500 claims just 45 days after the program's launch.
Edison International (EIX) has been identified as a potential value stock, supported by a strong Zacks Rank and favorable valuation metrics compared to its industry peers, suggesting it may be trading at a discount.
In a volatile market, investors are intensifying their use of fundamental analysis to uncover undervalued stocks. The focus is on a core set of financial ratios to distinguish temporary downturns from long-term financial distress and identify assets with significant growth potential.
Edison International has increased its quarterly common stock dividend by 6% to $0.8775 per share, extending its streak of annual dividend growth to 22 consecutive years. This move signals financial stability and aligns with a broader market trend of mature companies boosting shareholder returns.