PG&E Corp. (PCG) Raises Quarterly Dividend 8.2% to $0.53; 3.1% Yield

PG&E Corporation Raises Common Stock Dividend, Shareholders Elect Former Secretary of Homeland Security Jeh C. Johnson to Boards of Directors

SAN FRANCISCO--(BUSINESS WIRE)-- PG&E Corporation (NYSE: PCG) today announced that it is raising its quarterly common stock dividend by 4 cents per share to 53 cents per share, beginning with the dividend for the second quarter of 2017. On an annual basis, this action increases PG&E Corporations dividend by 8 percent, from $1.96 per share to $2.12 per share.

This represents another significant step toward returning our dividend payout to levels in line with those of similar energy companies. Offering a comparable dividend positions PG&E to more cost-effectively raise capital to support continued major... More