Edison: A Fairly Priced Company With A 3.96% Dividend Yield

Dec. 09, 2021 3:31 PM ETEdison International (EIX) StockEIX2 Comments
Daniel P. Varga
978 Followers

Summary

  • Despite bigger wildfire claims and climate change-related issues, electricity consumption is steadily growing.
  • EIX’s stock price is fairly valued which means it is rather a miss for growth investors.
  • The company has a stable and secure dividend policy with an attractive almost 4% dividend yield.

High voltage electricity towers and power lines at a substation in Central California; a substation is a part of an electrical generation, transmission, and distribution system

Sundry Photography/iStock via Getty Images

Investment Thesis

Edison International (NYSE:EIX) reported a bit disappointing 3rd quarter results and had a quite high wildfire expense but the company will have millions of government dollars to upgrade its

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Started investing more than 10 years ago. Mainly focusing on Large-Caps and occasional story stock. In addition, I am a regular buyer and analyzer of REITs, mREITS, and asset managers. I also have a dividend-focused portfolio with an investment horizon of 15 to 25 years. Follow me for comparison articles such as AAL vs. LUV or USB vs. C.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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