PCG.PRE

PG&E's Preferred Series A Shares Cross 6.5% Yield Mark

In trading on Tuesday, shares of PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $18.85 on the day. This compares to an average yield of 6.52% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, PCG.PRE was trading at a 24.89% discount to its liquidation preference amount, versus the average discount of 16.70% in the "Utilities" category.

The chart below shows the one year performance of PCG.PRE shares, versus PCG:

Performance Comparison Chart

Below is a dividend history chart for PCG.PRE, showing historical dividend payments on PG&E Corp's 5% Redeemable 1st Preferred Series A:

PCG.PRE+Dividend+History+Chart


Free Report: Top 8%+ Dividends (paid monthly)

In Tuesday trading, PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) is currently up about 1.3% on the day, while the common shares (Symbol: PCG) are off about 1%.

Also see:
• EAGL Insider Buying
• Institutional Holders of XT
• HSKA market cap history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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