/C O R R E C T I O N -- PG&E Corporation/

Rhea-AI Summary

PG&E (NYSE: PCG) has announced its fourth-quarter 2024 dividend payments. The company will distribute a regular cash dividend of $0.025 per share on its common stock, payable on January 15, 2025, to shareholders of record as of December 31, 2024.

Additionally, its subsidiary, Pacific Gas and Electric Company, declared regular preferred stock dividends for the period ending January 31, 2025, to be paid on February 15, 2025. The preferred stock dividends range from $0.27250 to $0.37500 per share across eight different series, including both redeemable and non-redeemable stocks. The redeemable preferred stocks carry rates from 4.36% to 5.00%, while non-redeemable preferred stocks range from 5.00% to 6.00%.

News Market Reaction

-4.99%

1 alert

-4.99% News Effect

On the day this news was published, PCG declined 4.99%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

OAKLAND, Calif., Dec. 2, 2024 /PRNewswire/ -- On November 29, 2024, PG&E Corporation (NYSE: PCG) declared its fourth-quarter 2024 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on January 15, 2025, to shareholders of record as of December 31, 2024.

In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending January 31, 2025, to be payable on February 14, 2025, to shareholders of record as of January 31, 2025. PG&E will pay dividends on its eight series of preferred stock as follows:

First Preferred Stock, $25 Par Value			Quarterly Dividend to be Paid Per Share
Redeemable
5.00 %			$0.31250
5.00% Series A			$0.31250
4.80 %			$0.30000
4.50 %			$0.28125
4.36 %			$0.27250
Non-Redeemable
6.00 %			$0.37500
5.50 %			$0.34375
5.00 %			$0.31250

About PG&E Corporation

PG&E Corporation (NYSE: PCG) is a holding company headquartered in Oakland, California. It is the parent company of Pacific Gas and Electric Company, an energy company that serves 16 million Californians across a 70,000-square-mile service area in Northern and Central California.

For more information, visit http://www.pgecorp.com.

 

FAQ

When will PG&E (PCG) pay its Q4 2024 common stock dividend?

PG&E will pay its Q4 2024 common stock dividend of $0.025 per share on January 15, 2025, to shareholders of record as of December 31, 2024.

What is PG&E's (PCG) Q4 2024 dividend amount per share?

PG&E's Q4 2024 dividend amount is $0.025 per share for common stock.

When is the payment date for PG&E's preferred stock dividends in 2025?

PG&E's preferred stock dividends will be paid on February 15, 2025, to shareholders of record as of January 31, 2025.

What are the dividend rates for PG&E's (PCG) preferred stocks?

PG&E's preferred stock dividend rates range from 4.36% to 6.00%, with payments between $0.27250 and $0.37500 per share across eight different series.