In trading on Thursday, shares of PG&E Corp's 4.8% Redeemable 1st Preferred (Symbol: PCG.PRG) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.20), with shares changing hands as low as $18.26 on the day. This compares to an average yield of 6.34% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, PCG.PRG was trading at a 26.21% discount to its liquidation preference amount, versus the average discount of 13.46% in the "Utilities" category.
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The chart below shows the one year performance of PCG.PRG shares, versus PCG:
Below is a dividend history chart for PCG.PRG, showing historical dividend payments on PG&E Corp's 4.8% Redeemable 1st Preferred:
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In Thursday trading, PG&E Corp's 4.8% Redeemable 1st Preferred (Symbol: PCG.PRG) is currently up about 0.9% on the day, while the common shares (Symbol: PCG) are down about 0.6%.
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