Dates Set for PG&E Quarterly Stock Dividends
PG&E (NYSE: PCG) has announced its third-quarter 2024 dividend payments.
Sentiment and the balance of points
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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
Details
News Market Reaction – PCG
The recorded move for PCG in the trading session of this news was +2.45%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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, | Quarterly Dividend to | ||
Redeemable | |||
5.00 % | |||
4.80 % | |||
4.50 % | |||
4.36 % | |||
Non-Redeemable | |||
6.00 % | |||
5.50 % | |||
5.00 % |
About PG&E Corporation
PG&E Corporation (NYSE: PCG) is a holding company headquartered in
For more information, visit http://www.pgecorp.com.
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SOURCE PG&E Corporation
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