Dates Set for Pacific Gas and Electric Company Quarterly Preferred Stock Dividend

Rhea-AI Summary

Pacific Gas and Electric Company (NYSE: PCG) announced its preferred stock dividend for Q3 2022. Shareholders of record as of July 29, 2022, will receive payments on August 15, 2022. The dividends are set at $0.31250 per share for 5.00% Series A, among others. Non-redeemable shares will see a dividend of $0.37500 for the 6.00% series. The company serves over 16 million customers across California, underlining its commitment to providing reliable utility services.

Positive

• Quarterly dividend payment of $0.31250 for Series A preferred stock.
• Total dividend payout increases confidence in financial stability.

Negative

• None.

OAKLAND, Calif.--(BUSINESS WIRE)-- Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), declared the regular preferred stock dividend for the three-month period ending July 31, 2022, to be payable on August 15, 2022, to shareholders of record on July 29, 2022. Pacific Gas and Electric Company will pay a dividend 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

In order to be considered a shareholder of record for the dividend payment, you must have purchased the stock at least one trading day before the record date.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit www.pge.com/ and http://www.pge.com/about/newsroom/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220621006084/en/

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415-973-5930

Source: Pacific Gas and Electric Company

FAQ

What dividend will Pacific Gas and Electric Company pay in Q3 2022?

Pacific Gas and Electric Company will pay a dividend of $0.31250 for its 5.00% Series A preferred stock.

When is the dividend payment date for PCG.PRA shareholders?

The dividend payment date for shareholders is August 15, 2022.

Who qualifies for the dividend payment from Pacific Gas and Electric Company?

Investors must own shares of Pacific Gas and Electric Company by July 29, 2022, to qualify for the dividend payment.

What are the dividend rates for other preferred stock series of Pacific Gas and Electric Company?

The dividend rates for other series include $0.30000 for 4.80%, $0.28125 for 4.50%, and $0.27250 for 4.36%.