(San Francisco, CA)-The
Board of Directors of PG&E Corporation (NYSE: PCG) today declared
a second quarter 2000 regular dividend of 30 cents per share on
the Corporation's common stock. The dividend is payable on July
15, 2000, to shareholders of record on June 15, 2000.
This is the 338th consecutive
quarterly dividend paid to shareholders of PCG stock. The Company's
first quarterly dividend was paid in April of 1916.
PG&E Corporation, with 1999
operating revenues of almost $21 billion, markets energy services
and products throughout North America through its National Energy
Group. PG&E Corporation's businesses also include Pacific Gas and
Electric Company, the Northern and Central California utility that
deliver natural gas and electricity to one in every 20 Americans.