In trading on Tuesday, shares of PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.25), with shares changing hands as low as $19.41 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.PRE was trading at a 18.45% discount to its liquidation preference amount, versus the average discount of 13.44% in the "Utilities" category.
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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 Tuesday trading, PG&E Corp's 5% Redeemable 1st Preferred Series A (Symbol: PCG.PRE) is currently down about 7.6% on the day, while the common shares (Symbol: PCG) are down about 1.5%.
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