SCE Trust II Trust Preferred Securities's SCE-P-M is an exchange-traded preferred stock in the Utilities sector. At a recent price of $23.93, SCE-P-M yields 7.84% on its $25 liquidation preference and 7.5% coupon. It trades at a discount of 4.3% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2028-11-22. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.