Edison International Stock To Go Ex-dividend Tomorrow (EIX)
The ex-dividend date for Edison International (NYSE:EIX) is tomorrow, June 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $46.43 as of 9:30 a.m., the dividend yield is 2.9%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Edison International (NYSE: EIX) is tomorrow, June 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $46.43 as of 9:30 a.m. ET, the dividend yield is 2.9%. The average volume for Edison International has been 2.8 million shares per day over the past 30 days. Edison International has a market cap of $15.01 billion and is part of the utilities sector and utilities industry. Shares are up 2.2% year to date as of the close of trading on Monday. Edison International, through its subsidiaries, generates and distributes electric power. It also invests in transportation infrastructure and energy assets, including renewable energy in the Netherlands, Australia, Switzerland, and the United Kingdom. The company has a P/E ratio of nine, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Edison International as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Edison International Ratings Report. See our dividend calendar or top-yielding stocks list. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..