Shares of NYSE-listed Edison International (EIX) will begin trading ex-dividend on Wednesday, March 29. To qualify for a dividend check, investors must have owned Edison International shares prior to Wednesday, which is the day the company's management will finalize its roster of shareholders to whom it will mail payments.

Edison International stock closed Monday at $80.5 per share, up 0.26% compared to previous day's close. The shares ended 2016 with a gain of around 21.6%, and the stock has spiked by around 11.82% YTD in 2017. This compares with a 4.6% increase in the S&P 500 (SPX) index for 2017. Edison International stock has risen around 12.84% over the past 12 months, while the S&P 500 has risen almost 15% during the same period.

In the recent quarterly results announced on February 22, the Rosemead, California-based company reported EPS of $1.01 per share, which came in better than the street expected EPS of $0.96. The quarterly revenue stood at $2.884 billion, which came in worse than the street expected figure of $3.048 billion. Meanwhile, the company expects core earnings to lie in the range of $4.04 to $4.24 per share for 2017.

Based on Monday's closing price of $80.5, Edison International's 0.543 per share quarterly dividend yields 2.69% annually, or about 0.44 percentage points lower than the 3.14% average yield of the S&P 500 index. Edison International will send its dividend payment on April 30, 2017 to shareholders of record as of March 31, 2017.

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