Higher dividend payout for Edison International shareholders

  • Edison International raises dividend by 5.8% to 78 cents per share
  • New payout equals $3.12 per year
  • Annual yield of 4.4% based on Thursday’s closing price
  • Dividend payable on Jan. 31 to shareholders of record on Dec. 29

Edison International has announced a 5.8% increase in its quarterly common stock dividend, raising it to 78 cents per share from 73.75 cents. This new payout, amounting to $3.12 per year, offers an annual yield of 4.4% based on Thursday’s closing price. Shareholders of record on Dec. 29 can expect to receive the dividend on Jan. 31.

Factuality Level: 10
Factuality Justification: The article provides factual information about Edison International increasing its quarterly common stock dividend by 5.8% to 78 cents a share. It also mentions the new payout, annual yield, and the dates for the dividend payment. There are no digressions, misleading information, sensationalism, redundancy, or opinion masquerading as fact in the article.
Noise Level: 8
Noise Justification: The article provides basic information about Edison International increasing its quarterly dividend. However, it lacks any analysis, evidence, or insights. It is a straightforward announcement without any additional context or implications. The article does not hold powerful people accountable or explore the consequences of the decision. It also does not provide any actionable insights or new knowledge for the reader. Overall, it is a short and basic news piece that does not provide much value beyond the announcement itself.
Financial Relevance: Yes
Financial Markets Impacted: Electric utility sector
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to financial topics as it discusses the increase in quarterly common stock dividend by Edison International, an electric utility holding company. However, there is no mention of any extreme event or its impact.
Public Companies: Edison International (unknown)
Key People:

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