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Edison International reports developments tied to its role as the parent company of Southern California Edison, a regulated electric utility serving approximately 15 million people through 5 million customer accounts across Central, Coastal and Southern California. Recurring news covers utility operations, financial results, customer affordability, grid resilience, wildfire mitigation and rebuilding efforts.
Company updates also include Southern California Edison wildfire recovery compensation programs, dividends on SCE preference stock and related trust preference securities, board and executive governance changes, and workforce initiatives such as lineworker training scholarships. The news flow centers on the regulated utility business, capital-provider communications, community recovery programs and service-area obligations.
Southern California Edison (NYSE:EIX) announced more than $500 million in offers through its Wildfire Recovery Compensation Program for community members affected by the Eaton Fire. In the program’s first six months, >1,500 offers were extended to nearly 3,800 claimants; >1,000 offers accepted and >750 claimants paid (>$100 million).
Offers are delivered within 90 days of a complete claim and payments within 30 days after settlement conditions are met. The voluntary program runs through Nov. 30, 2026.
Edison International (NYSE: EIX) reported Q1 2026 GAAP EPS $1.38 and core EPS $1.42. Net income was $531 million versus $1,436 million a year earlier. The company affirmed 2026 core EPS guidance $5.90–$6.20 and reiterated confidence in 5–7% core EPS growth, 2025–2030. Results reflect adoption of the 2025 GRC final decision, wildfire-related items and ongoing wildfire recovery efforts.
Conference call materials and Form 10-Q are posted on the company investor website; a Q&A webcast occurred Apr. 28, 2026.
Edison International (NYSE: EIX) and Southern California Edison elected M. Susan Hardwick as an independent director effective April 23, 2026. Hardwick brings more than 35 years of regulated-utility and finance leadership, including CEO of American Water Works (2022–May 2025) and senior roles at Vectren and Cinergy.
She offers expertise in utility operations, safety, capital allocation, enterprise risk management, customer service and regulatory affairs and currently serves on multiple public company boards.
Southern California Edison (NYSE:EIX) declared quarterly dividends for four series of its trust preference securities. Distributions per security: $0.31875 on SCE Trust II Series G (5.10%), $0.3125 on SCE Trust VI Series L (5.00%), $0.46875 on SCE Trust VII Series M (7.50%), and $0.434375 on SCE Trust VIII Series N (6.95%).
All dividends are payable June 15, 2026, to holders of record on June 12, 2026.
Edison International (NYSE:EIX) awarded 30 high school seniors the 2026 Edison Scholars scholarships, each receiving $50,000 to pursue STEM degrees. Recipients were notified via surprise school visits and will be invited to a May reception at company headquarters.
Since 2006 Edison International has provided more than $22 million to 850 students; the program is fully funded by shareholders.
Edison International (NYSE: EIX) will hold a conference call to discuss its first quarter 2026 financial results on Tuesday, April 28, 2026, from 1:30–2:30 p.m. PT. Investors can join by phone (U.S. and international numbers provided), via webcast at www.edisoninvestor.com, or listen to a telephone replay through May 12, 2026.
Call passcode is Edison; replay passcode is 1838. Investor and media contacts are listed for follow-up.
Southern California Edison (NYSE:EIX) announced it has extended more than 1,125 offers under the Wildfire Recovery Compensation Program for Eaton Fire claimants, as of March 27, 2026. The program has offered nearly $380 million to more than 2,800 claimants and paid over $52 million to 400+ claimants.
The voluntary program delivers offers within 90 days of a fully documented claim, payments within 30 days after satisfaction of conditions, and remains open through Nov. 30, 2026. Support is available via phone, web resources, in-person help and a bulk intake option for firms.
Edison International (NYSE:EIX) opened applications for the 2026 Lineworker Scholarship, funding training for up to 12 recipients with awards of up to $25,000 each to enroll in Los Angeles Trade-Technical College’s Powerline Worker: Pole Climbing certificate and obtain a Class A commercial driver’s license.
The scholarship covers tuition, tools and support services (housing, transportation, childcare). Recipients who complete the program, obtain a Class A license and meet pre-employment requirements are eligible for full-time entry-level positions at Southern California Edison within its 50,000-square-mile service area. Funded by shareholders and IBEW Local 47, the program has awarded 60 scholarships totaling $1.5 million since 2021. Application deadline: Friday, May 8, 2026.
Southern California Edison (NYSE:EIX) enhanced its voluntary Wildfire Recovery Compensation Program effective immediately and retroactively for Eaton Fire impacts. Key changes: attorney fee coverage raised to 20% of net damages for claimants represented by counsel and tenant settlement offers now cover up to three months housing at the higher of pre-fire rent or fair rental value.
As of Feb. 18, 2026: 2,405 claims submitted (nearly 7,000 people), 593 offers totaling more than $183 million, and 86 payments totaling $18 million. Program open through Nov. 30, 2026.
Edison International (NYSE: EIX) declared a quarterly common dividend of $0.8775 per share, payable April 30, 2026, to holders of record April 7, 2026. The board also declared semiannual preferred dividends of $26.875 (Series A) and $25.00 (Series B), payable March 15, 2026, record March 1, 2026.
Southern California Edison declared quarterly distributions for multiple trust preference securities, ranging from $0.3125 to $0.46875 per security, payable March 15, 2026, to holders of record March 13, 2026.