10 Safest High Dividend Stocks to Buy Now

5. Edison International (NYSE:EIX)

Dividend Yield as of September 20: 5.95%

Edison International (NYSE:EIX) is a utility holding company that delivers clean and dependable energy and related services through its subsidiaries. It serves as the parent company of Southern California Edison Company (SCE) and Trio.

Edison International (NYSE:EIX) reported strong earnings in the second quarter of 2025. The company’s revenue came in at $4.54 billion, which showed a 4.77% growth from the same period last year. Its cash position also remained stable, with operating cash flows jumping to $2.1 billion from $1.3 billion in the prior-year period. It ended the quarter with $140 million available in cash and cash equivalents.

Edison International (NYSE:EIX) currently offers a quarterly dividend of $0.8275 per share for a dividend yield of 5.95%, as of September 20. It is one of the best dividend stocks on our list as the company maintains a 21-year streak of consistent dividend growth.