Edison International, through its subsidiaries, engages in the supply of electric energy in central, coastal, and southern California. As of December 31, 2007, the company served approximately 430 cities and communities, and a population of approximately 13 million people. It also involves in the development, acquisition, ownership, leasing, operation, and sale of energy and capacity from independent power production facilities, as well as conducts price risk management and energy trading activities in power markets. In addition, the company invests in energy and infrastructure projects, including power generation, electric transmission and distribution, transportation, and telecommunications, as well as in housing projects in the United States. Edison International offers its services to commercial, residential, agricultural, and industrial customers, as well as public authorities. The company was founded in 1886 and is based in Rosemead, California.
Analysts' Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $59 |
| Analysts' Targets |
| RBC Capital Markets | $64 |
| Outperform |
Wednesday, May 21, 2008 |
| BMO Capital Markets | $53 |
| Market Perform |
Tuesday, March 04, 2008 |
| Citigroup | $59 |
| Hold |
| Wednesday, January 23, 2008 |
| Dividend Information |
| Dividend Yield: | 2.40 % |
| Dividend Yield 5yr Avg: | 1.90 % |
| Dividend Rate: | $ 1.22 % |
| Dividend Payout Ratio: | 37.00 % |
| Dividend Payout Ratio 5yr Avg: | 25.00 % |
| Dividend Growth Rate 3yr Avg: | 9.24 % |
| Dividend Growth Rate 5yr Avg: | 0.00 % |
| Dividend AllStar™ Ranking: | |
| Consecutive Div. Increases: | 3 years |
| Dividend Payment Type: | Cash |
| Dividend Declaration Date: | Apr-25-2008 |
| Dividend Ex Date: | Jun-26-2008 |
| Dividend Record Date: | Jun-30-2008 |
| Dividend Pay Date: | Jul-31-2008 |
| Dividend Amount: | 0.3050 |
| Dividend Payments: | Last 12 months payments: 4 |