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In trading on Thursday, shares of PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $24.96 on the day. This compares to an average yield of 4.41% in the "Utilities" preferred stock category, according to Preferred Stock Channel . As of last close, PCG.PRE was trading at a 1.98% premium to its liquidation preference amount, versus the average premium of 4.89% in the "Utilities" category.
Below is a dividend history chart for PCG.PRE, showing historical dividend payments on PG&E Corp's 5% Redeemable 1st Preferred Series A:
In Thursday trading, PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) is currently off about 1.6% on the day, while the common shares (Symbol: PCG) are off about 0.4%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
