EIX · 10-Q · 2026Q3 · Full report

Capital Return Program

EDISON INTERNATIONAL · 2026-10-29 · Importance 31 · Surprise 32 · In source text

SCE paid $1.290 billion of common stock dividends to Edison International Parent in the nine months ended September 30, 2026. Edison International paid $1.013 billion of dividends to common shareholders during that period, compared with $955 million in 2025, and stated an intended target payout ratio of 45%–55% of SCE core earnings. In the first quarter of 2026, Edison International redeemed its remaining Series A Preferred Stock for $414 million and repurchased 4,434 Series B Preferred Stock shares for $4 million. SCE redeemed all outstanding Series K preference stock for $119 million in the first quarter of 2026.

Key facts

• In the first quarter of 2026, Edison International redeemed all remaining Series A Preferred Stock shares for $414 million and repurchased 4,434 Series B Preferred Stock shares for $4 million. source
• Edison International repurchased $419 million of preferred stock in the nine months ended September 30, 2026, compared with none in the same period of 2025. source
• Edison International intends to maintain a target payout ratio of 45%–55% of SCE's core earnings, subject to the stated factors affecting liquidity and dividend declarations. source
• Edison International's common shareholders received $1.013 billion in dividends in the nine months ended September 30, 2026, compared with $955 million in the same period of 2025. source
• Edison International paid $15 million in dividends to preferred shareholders in the nine months ended September 30, 2026, compared with $87 million in the same period of 2025. source

Impact estimates