Dates Set for PG&E Quarterly Stock Dividends
Rhea-AI Summary
PG&E (NYSE: PCG) has declared its fourth-quarter 2024 regular cash dividend of $0.025 per share on common stock, payable on January 15, 2025, to shareholders of record as of December 31, 2024. Additionally, its subsidiary Pacific Gas and Electric Company announced preferred stock dividends for eight series, payable on February 14, 2025, to shareholders of record as of January 31, 2025. The preferred stock dividends range from $0.27250 to $0.37500 per share across different series with rates between 4.36% and 6.00%.
Positive
- Regular quarterly dividend maintained at $0.025 per share
- Consistent dividend payments across all preferred stock series
- Diverse preferred stock offerings with yields ranging from 4.36% to 6.00%
Negative
- Relatively low common stock dividend amount of $0.025 per share
News Market Reaction 1 Alert
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.
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, | 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