Edison International

EIX21 yrs growth

Utilities · Utilities - Regulated Electric · Stock · quarterly payer

$57.78

Undervalued · +113% Add to Portfolio

Forward Yield

6.07%

Annual Dividend

$3.51

Payout Ratio

36%

5-Yr Growth

5.1%

Ex-Date

Oct 7, 2026

Frequency

Quarterly

Key facts about EIX's dividend

Data as of Oct 27, 2026 · Source: SmarterDividends data

As of Oct 27, 2026, Edison International (EIX) has a forward dividend yield of 6.07%, based on an annual dividend of $3.51 per share and a share price of $57.78.
As of Oct 27, 2026, EIX's dividend safety grade from SmarterDividends is A (84 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Edison International (EIX) has raised its dividend for 21 consecutive years as of Oct 27, 2026.
EIX last cut its regular dividend in 2004.
EIX's most recent ex-dividend date was Oct 7, 2026, for a dividend of $0.88 per share.
As of Oct 27, 2026, EIX pays out 36% of its trailing 12-month earnings as dividends (its payout ratio).
EIX's dividend has grown at an average rate of 5.1% a year over the past five years.
As of Oct 27, 2026, EIX's 6.07% yield is 36% above its five-year average yield of 4.46%.
As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for EIX is $122.95 per share, 113% above the $57.78 share price, so EIX screens as undervalued.
Edison International (EIX) pays its dividend quarterly, 4 times a year.
Edison International (EIX) has raised its regular dividend 46 times and cut it 1 time across the 199 payments on record since 1973. Its most recent change was a 6.0% increase to $0.878 per share, going ex-dividend on Jan 7, 2026. The last cut went ex-dividend on Jun 28, 1994.
Edison International (EIX) has declared its first higher dividend of the year in December in 4 of the last 5 years; its most recent raise, 6.0%, was declared on Dec 11, 2025.

Cite this page

SmarterDividends, "EIX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/EIX

Summary

As of Oct 27, 2026, Edison International (EIX) yields 6.07% ($3.51 a year per share), has a dividend safety grade of A (84/100) and has 21 consecutive years of dividend increases on record.

Is EIX a good dividend stock?

Yes

Edison International (EIX) pays a quarterly dividend yielding 6.07% ($3.51/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

21 consecutive years of dividend growth
Comfortable payout ratio (36%)
Strong 5.1% 5-yr dividend growth
Top-tier dividend safety score

Risks

Cut its dividend in 2004
Share price is down over the past 5 years

Key Data

Dividend Yield: 6.07%
Payout Ratio: 36%
Annual Dividend: $3.51
5-Yr Avg Growth: 5.1%
Ex-Dividend Date: Oct 7, 2026
Years of Growth: 21
Frequency: quarterly
Beta: 0.61
Market Cap: $22.2B
P/E Ratio: 6.0
5-Yr Total Return: -12%
52-Week Range: $51.10 – $81.62
Dividend Safety: A · 84/100
Ever Cut?: Yes (2004)

EIX dividend raises and cuts

Edison International (EIX) has raised its regular dividend 46 times and cut it 1 time across the 199 payments on record since 1973. Its most recent change was a 6.0% increase to $0.878 per share, going ex-dividend on Jan 7, 2026. The last cut went ex-dividend on Jun 28, 1994.

Ex-date	Change	Old → new	Move
Jan 7, 2026	Raise	$0.828 → $0.878	+6.0%
Jan 7, 2025	Raise	$0.780 → $0.828	+6.2%
Dec 28, 2023	Raise	$0.738 → $0.780	+5.7%
Dec 29, 2022	Raise	$0.700 → $0.738	+5.4%
Dec 30, 2021	Raise	$0.663 → $0.700	+5.6%
Dec 30, 2020	Raise	$0.638 → $0.663	+3.9%
Dec 30, 2019	Raise	$0.613 → $0.638	+4.1%
Dec 28, 2018	Raise	$0.605 → $0.613	+1.3%
Dec 28, 2017	Raise	$0.543 → $0.605	+11.4%
Dec 28, 2016	Raise	$0.480 → $0.543	+13.1%
Dec 29, 2015	Raise	$0.418 → $0.480	+14.8%
Jun 26, 2015	Raise	$0.417 → $0.418	+0.2%

Show all 47 changes since 1974

Ex-date	Change	Old → new	Move
Dec 29, 2014	Raise	$0.355 → $0.417	+17.5%
Dec 27, 2013	Raise	$0.338 → $0.355	+5.0%
Dec 27, 2012	Raise	$0.325 → $0.338	+4.0%
Dec 28, 2011	Raise	$0.320 → $0.325	+1.6%
Dec 29, 2010	Raise	$0.315 → $0.320	+1.6%
Dec 29, 2009	Raise	$0.310 → $0.315	+1.6%
Dec 29, 2008	Raise	$0.305 → $0.310	+1.6%
Dec 27, 2007	Raise	$0.290 → $0.305	+5.2%
Dec 27, 2006	Raise	$0.270 → $0.290	+7.4%
Dec 28, 2005	Raise	$0.250 → $0.270	+8.0%
Dec 28, 2004	Raise	$0.200 → $0.250	+25.0%
Apr 3, 2000	Raise	$0.270 → $0.280	+3.7%
Mar 31, 1999	Raise	$0.260 → $0.270	+3.8%
Apr 1, 1998	Raise	$0.250 → $0.260	+4.0%
Jun 28, 1994	Cut	$0.460 → $0.250	−45.7%
Mar 29, 1994	Raise	$0.355 → $0.460	+29.6%
Jun 28, 1993	Raise	$0.350 → $0.355	+1.4%
Jun 26, 1992	Raise	$0.340 → $0.350	+2.9%
Jun 28, 1991	Raise	$0.330 → $0.340	+3.0%
Jun 28, 1990	Raise	$0.320 → $0.330	+3.1%
Jun 28, 1989	Raise	$0.310 → $0.320	+3.2%
Sep 29, 1988	Raise	$0.298 → $0.310	+4.2%
Jun 26, 1987	Raise	$0.285 → $0.298	+4.4%
Jun 27, 1986	Raise	$0.270 → $0.285	+5.6%
Jun 28, 1985	Raise	$0.255 → $0.270	+5.9%
Jun 28, 1984	Raise	$0.238 → $0.255	+7.4%
Sep 29, 1983	Raise	$0.220 → $0.238	+8.0%
Sep 29, 1982	Raise	$0.203 → $0.220	+8.6%
Sep 29, 1981	Raise	$0.185 → $0.203	+9.5%
Sep 29, 1980	Raise	$0.170 → $0.185	+8.8%
Oct 1, 1979	Raise	$0.155 → $0.170	+9.7%
Dec 29, 1978	Raise	$0.140 → $0.155	+10.7%
Dec 29, 1977	Raise	$0.125 → $0.140	+12.0%
Mar 30, 1977	Raise	$0.105 → $0.125	+19.0%
Apr 1, 1974	Raise	$0.0975 → $0.105	+7.7%

Every EIX payment →Download every raise and cut (CSV)

EIX ex-dividend date & scheduleNext ex-date Oct 7, 2026 · full ex-dividend historyView →EIX dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is EIX a good dividend stock?

Yes. Edison International (EIX) pays a quarterly dividend yielding 6.07% ($3.51/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is EIX undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, EIX's fair value is about $122.95 versus a $57.78 share price — so it looks undervalued (+113% vs. fair value).

Is EIX's dividend safe?

EIX has a dividend-safety grade of A (84/100), based on its payout coverage, free-cash-flow, 21-year growth streak, a dividend cut in 2004, debt and yield-versus-history.

What is EIX's fair value?

Our blended fair-value estimate for EIX is about $122.95 per share, roughly 113% above the current $57.78 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is EIX a buy, hold, or sell?

We don't issue formal ratings, but on the data EIX screens as "yes" and undervalued. Edison International (EIX) pays a quarterly dividend yielding 6.07% ($3.51/yr), with 21 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will EIX cut its dividend?

EIX earns a dividend-safety grade of A (84/100), and has cut its dividend before (last in 2004). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does EIX pay a dividend?

Yes. Edison International pays a quarterly dividend of about $3.51 per share annually, a forward yield of roughly 6.07%.

What is EIX's dividend yield?

As of Oct 27, 2026, EIX's forward dividend yield is 6.07%, based on a $3.51 annual dividend and a $57.78 share price.

What is EIX's dividend per share?

As of Oct 27, 2026, EIX pays $3.51 per share per year, distributed on a quarterly basis.

What is EIX's dividend payout ratio?

As of Oct 27, 2026, EIX's payout ratio is 36% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has EIX grown its dividend?

As of Oct 27, 2026, EIX has increased its dividend for 21 consecutive years.

When is the next EIX ex-dividend date?

As of Oct 27, 2026, EIX's next ex-dividend date hasn't been announced. The most recent was Oct 7, 2026, for $0.88 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full EIX dividend history →

Ex-Date	Pay Date	Amount	Type
Oct 7, 2026	Oct 31, 2026	$0.8780	regular
Jul 7, 2026	Jul 31, 2026	$0.8780	regular
Apr 7, 2026	Apr 30, 2026	$0.8780	regular
Jan 7, 2026	Jan 31, 2026	$0.8780	regular
Oct 7, 2025	Oct 31, 2025	$0.8280	regular
Jul 7, 2025	Jul 31, 2025	$0.8280	regular
Apr 7, 2025	Apr 30, 2025	$0.8280	regular
Jan 7, 2025	Jan 31, 2025	$0.8280	regular
Oct 7, 2024	Oct 31, 2024	$0.7800	regular
Jul 8, 2024	Jul 31, 2024	$0.7800	regular
Mar 27, 2024	Apr 30, 2024	$0.7800	regular
Dec 28, 2023	Jan 31, 2024	$0.7800	regular
Sep 28, 2023	Oct 31, 2023	$0.7380	regular
Jul 3, 2023	Jul 31, 2023	$0.7380	regular