Southern California Edison Declares Dividends

Rhea-AI Summary

Southern California Edison declares quarterly dividends on preference stocks.

Positive

• The board of directors of Southern California Edison has declared quarterly dividends on its preference stocks. Shareholders of record on Dec. 14, 2023, will receive the following distributions: $0.31875 per security for Series G preference stock, $0.359375 per security for Series H preference stock, $0.3359375 per security for Series J preference stock, $0.340625 per security for Series K preference stock, and $0.3125 per security for Series L preference stock.

Negative

• None.

ROSEMEAD, Calif.--(BUSINESS WIRE)-- The board of directors of Southern California Edison today declared the following quarterly dividends, payable on Dec. 15, 2023, to shareholders of record on Dec. 14, 2023, 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
• Series H preference stock, which would result in a distribution of $0.359375 per security on SCE Trust III’s 5.75% Trust Preference Securities
• 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
• Series K preference stock, which would result in a distribution of $0.340625 per security on SCE Trust V’s 5.45% Trust Preference Securities
• Series L preference stock, which would result in a distribution of $0.3125 per security on SCE Trust VI’s 5.00% Trust Preference Securities

About Southern California Edison

An Edison International (NYSE: EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of approximately 15 million via 5 million customer accounts in a 50,000-square-mile service area within Central, Coastal and Southern California.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231026731402/en/

Investor Relations: Sam Ramraj, (626) 302-2540

Media Relations: (626) 302-2255

News@sce.com

Source: Southern California Edison

FAQ

What is the announcement from Southern California Edison?

The board of directors of Southern California Edison has declared quarterly dividends on its preference stocks.

When will the dividends be payable?

The dividends will be payable on Dec. 15, 2023.

Who will receive the dividends?

Shareholders of record on Dec. 14, 2023, will receive the dividends.

What is the distribution for each series of preference stock?

The distribution per security is as follows: $0.31875 for Series G, $0.359375 for Series H, $0.3359375 for Series J, $0.340625 for Series K, and $0.3125 for Series L.