Edison International (EIX) in Focus as Morgan Stanley Refreshes its Utilities Outlook

Core Viewpoint - Edison International is recognized as a Dividend Contender, highlighting its consistent dividend growth and financial stability [1]. Group 1: Dividend Information - Edison International declared a quarterly common stock dividend of $0.8775 per share, payable on January 31, 2026, to shareholders of record on January 7, 2026, raising the annual dividend to $3.51 per share, which is a 6% increase from the previous annual rate of $3.31 [3]. - The increase in the dividend reflects the board's and management's confidence in the company's financial position and outlook, marking the company's 22nd consecutive year of dividend growth [4]. Group 2: Market Position and Analyst Outlook - Morgan Stanley raised its price target on Edison International to $61 from $57 while maintaining an Underweight rating, indicating a cautious outlook amidst a broader refresh of the utilities sector [2]. - Edison International is one of the largest electric utility holding companies in the U.S., focusing on delivering clean, reliable energy and related services through its operating subsidiaries [5].