Edison International ( EIX ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.613 per share is scheduled to be paid on January 31, 2019. Shareholders who purchased EIX prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.32% increase over prior dividend payment. At the current stock price of $56.2, the dividend yield is 4.36%.
The previous trading day's last sale of EIX was $56.2, representing a -20.85% decrease from the 52 week high of $71 and a 23.52% increase over the 52 week low of $45.50.
EIX is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Energy, Inc. ( D ). EIX's current earnings per share, an indicator of a company's profitability, is $1.42. Zacks Investment Research reports EIX's forecasted earnings growth in 2018 as -7.78%, compared to an industry average of 9.7%.
Interested in gaining exposure to EIX through an Exchange Traded Fund [ETF]?
The following ETF(s) have EIX as a top-10 holding:
- John Hancock Multifactor Utilities ETF ( JHMU )
- iShares Edge MSCI USA Size Factor ETF ( SIZE )
- iShares MSCI USA Equal Weighted ETF ( EUSA )
- Columbia Sustainable U.S. Equity Income ETF ( ESGS )
- Columbia Sustainable Global Equity Income ETF ( ESGW ).
The top-performing ETF of this group is JHMU with an decrease of -0.04% over the last 100 days. It also has the highest percent weighting of EIX at 4.26%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.