SCE-P-L: SCE Trust II Trust Preferred Securities 5% Series L Preferred Stock
SCE Trust II Trust Preferred Securities's SCE-P-L is an exchange-traded preferred stock in the Utilities sector.
At a recent price of $16.95, SCE-P-L yields 7.37% on its $25 liquidation preference and 5% coupon.
It trades at a discount of 32.2% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2022-06-26.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.