Jul. 20 at 3:18 PM
$EIX Edison has increased its dividend for over 20 years, which shows that the company is financially stable. It is currently investing billions of dollars to upgrade the power grid, prevent wildfires, and expand renewable energy projects throughout California. EIX is the parent company of Southern California Edison, which is one of the largest electric utilities in the United States. The company earns revenue by owning and operating the power grid, not only by selling electricity. Edison International is turning these large-scale investments into long-term and steady growth. That’s why I decided to invest in EIX.