In trading on Thursday, shares of Edison International's 5.45% Fixed-to-Floating Rate Trust Preference Securities (Symbol: SCE.PRK) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3625), with shares changing hands as low as $24.63 on the day. This compares to an average yield of 6.36% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, SCE.PRK was trading at a 0.68% discount to its liquidation preference amount, versus the average discount of 13.69% in the "Utilities" category.
ETRM Options Chain
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The chart below shows the one year performance of SCE.PRK shares, versus EIX:
Below is a dividend history chart for SCE.PRK, showing historical dividend payments on Edison International's 5.45% Fixed-to-Floating Rate Trust Preference Securities:
In Thursday trading, Edison International's 5.45% Fixed-to-Floating Rate Trust Preference Securities (Symbol: SCE.PRK) is currently off about 0.2% on the day, while the common shares (Symbol: EIX) are down about 0.2%.
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