Dates Set for PG&E Quarterly Stock Dividends

Rhea-AI Summary

PG&E (NYSE: PCG) has announced its third-quarter 2024 dividend payments. The company declared a regular cash dividend of $0.01 per share on its common stock, payable on October 15, 2024, to shareholders of record as of September 30, 2024.

Additionally, Pacific Gas and Electric Company, PG&E's utility subsidiary, declared preferred stock dividends for the three-month period ending October 31, 2024. These dividends will be paid on November 15, 2024, to shareholders of record as of October 31, 2024. The preferred stock dividends range from $0.27250 to $0.37500 per share, depending on the series.

Positive

• Regular dividend payments indicate financial stability
• Consistent dividend policy for both common and preferred stockholders

Negative

• Low common stock dividend of $0.01 per share suggests income for common shareholders

News Market Reaction – PCG

+2.45%

1 alert

+2.45% News Effect

On the day this news was published, PCG gained 2.45%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

OAKLAND, Calif., Sept. 20, 2024 /PRNewswire/ -- On September 19, 2024, PG&E Corporation (NYSE: PCG) declared its third-quarter 2024 regular cash dividend of $0.01 per share on the Corporation's common stock. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 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 October 31, 2024, to be payable on November 15, 2024, to shareholders of record as of October 31, 2024. 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.

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SOURCE PG&E Corporation

FAQ

When will PG&E (PCG) pay its third-quarter 2024 dividend?

PG&E (PCG) will pay its third-quarter 2024 dividend on October 15, 2024, to shareholders of record as of September 30, 2024.

What is the amount of PG&E's (PCG) third-quarter 2024 common stock dividend?

PG&E (PCG) declared a regular cash dividend of $0.01 per share on its common stock for the third quarter of 2024.

When will PG&E pay its preferred stock dividends for Q3 2024?

PG&E will pay its preferred stock dividends on November 15, 2024, to shareholders of record as of October 31, 2024.

What are the dividend rates for PG&E's preferred stock in Q3 2024?

PG&E's preferred stock dividend rates range from $0.27250 to $0.37500 per share, depending on the series, for the third quarter of 2024.