In trading on Wednesday, shares of Edison International's 5.625% Trust Preference Securities (NYSE: SCE.PRF) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4062), with shares changing hands as low as $23.33 on the day. This compares to an average yield of 4.46% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, SCE.PRF was trading at a 1.28% discount to its liquidation preference amount, versus the average premi...
In trading on Wednesday, shares of Edison International's 5.625% Trust Preference Securities (NYSE: SCE.PRF) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4062), with shares changing hands as low as $23.33 on the day. This compares to an average yield of 4.46% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, SCE.PRF was trading at a 1.28% discount to its liquidation preference amount, versus the average premi...
Share this Article
Recommended