10Lun·

Dividend increase, solid technicals and an AI market thirsty for electricity

$EIX (+0,98 %)


EIX is reaffirming its guidance as follows:

"With a dividend yield of approximately 6% and our long-term core EPS growth target of 5% to 7%, Edison International offers a compelling case for total shareholder returns in the range of 11% to 13%. This combination of income and growth reflects the strength of our regulated business model and our commitment to delivering sustainable value for customers and investors," said Pedro J. Pizarro, president and CEO of Edison International.

  • 2025--2028 Core Earnings per Share (EPS) compound annual growth rate of 5--7%, resulting in 2028 Core EPS of $6.74--$7.14;
  • 2024--2028 compound annual rate base growth of 7--8%;
  • 2025--2028 capital plan of $28--29 billion;
  • No annual equity needs for 2025--2028.
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"This combination of income and growth reflects the strength of our regulated business model" ... that´s exactly whyI started a first position. Will buy more over time 👍🏼
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