Edison International ( (EIX) ) has shared an update.
Edison International is navigating the transformation of the electric power industry by investing significantly in clean energy infrastructure, aiming to strengthen and modernize the grid while aligning with California’s aggressive climate goals. The company is also focusing on wildfire mitigation and ensuring regulatory compliance to mitigate risks associated with wildfires and climate change. With a strategic pivot towards electrification and clean energy solutions, Edison International is poised for growth, targeting a 6–8% rate base compound annual growth rate (CAGR) from 2023 to 2028, while aiming for a dividend payout of 45–55% of SCE core earnings.
Find detailed analytics on EIX stock on TipRanks’ Stock Analysis page.
