Welcome to our dedicated page for PG&E Corporation news (Ticker: $PCG), a resource for investors and traders seeking the latest updates and insights on PG&E Corporation stock.
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On May 16, 2024, PG&E (NYSE: PCG) announced its second-quarter 2024 cash dividend of $0.01 per share, payable on July 15, 2024, to shareholders recorded by June 28, 2024.
Additionally, its subsidiary, Pacific Gas and Electric Company (PG&E), declared preferred stock dividends for the three-month period ending July 31, 2024. These dividends will be paid on August 15, 2024, to shareholders recorded by July 31, 2024. The preferred dividends are distributed across eight series, with rates ranging from 4.36% to 6.00% and payments per share from $0.27250 to $0.37500.
Pacific Gas and Electric Company (PG&E) received an honorable mention in Fast Company's 2024 World Changing Ideas Awards for its innovative remote grid program. PG&E's remote grids serve isolated customers by replacing long distribution lines with local, low-carbon energy sources, reducing wildfire risks and service interruptions. Starting with Briceburg in 2021, PG&E's remote grids have demonstrated high reliability and sustainability, with the latest system at Pepperwood Preserve being fully renewable. PG&E plans to expand this program further, building additional systems to remove overhead lines and enhance energy reliability in high fire-risk areas.
