On 10/29/13, PG&E Corp.'s 5% 1st Preferred Non-Redeemable (PCG.PRC) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 11/15/13. As a percentage of PCG.PRC's recent share price of $24.56, this dividend works out to approximately 1.27%, so look for shares of PCG.PRC to trade 1.27% lower — all else being equal — when PCG.PRC shares open for trading on 10/29/13. On an annualized basis, the current yield is approximately 5.26%, which compares to an average yield of 5.24% in the "Utilities" preferred stock category, according to Preferred Stock Channel.
Cash Dividend On The Way From PG&E Corp.'s 5% 1st Preferred Non-Redeemable
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