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SCEcorp AND EDISON DECLARE DIVIDENDS

 ROSEMEAD, Calif., June 17 /PRNewswire/ -- The board of directors of SCEcorp (NYSE: SCE), the holding company for Southern California Edison Co. and the Mission companies, today declared an increase in the quarterly dividend on SCEcorp's common stock to 35 1/2 cents per share from 35 cents. The new annual dividend rate will be $1.42 per share. The dividend rate reflects a 2-for-1 split of SCEcorp common stock effective at the close of business June 1. The stock will begin trading on a post-split basis on June 22.
 "This year's increase is the 18th in the past 17 years and reflects our continued commitment to provide competitive returns to our shareholders," said Chairman and Chief Executive Officer John E. Bryson.
 Edison's board declared the regular quarterly dividend of 46 cents per share on the 7.36 percent series of cumulative preferred stock.
 Additionally, the Edison board declared dividends of $1.8075 per share on the 7.23 percent series, and $1.895 per share on the 7.58 percent series of $100 cumulative preferred stock.
 Each of the dividends is payable July 31, 1993, to shareholders of record at the close of business on July 2, 1993.
 -0- 6/17/93
 /CONTACT: Cathy Sedlik of Southern California Edison, 818-302-2255/
 (SCE)


CO: SCEcorp; Southern California Edison ST: California IN: UTI SU: DIV

JL-JB -- LA031 -- 3210 06/17/93 15:12 EDT
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Publication:PR Newswire
Date:Jun 17, 1993
Words:231
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