shareholders

Dividend Payments

Common Stock Dividends: On December 20, 2017, the Board of Directors of PG&E Corporation suspended the common dividend. We have not announced a specific timeline for resuming the common dividend. When we emerged from bankruptcy, the terms of our emergence required that we not pay a dividend on our common shares until we recognize $6.2 billion in Non-GAAP Core Earnings. Our focus today remains on improving our operations and our financial strength so that we can confidently reach this milestone.

Preferred Stock Dividends:

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), declared the regular preferred stock dividend for the three-month period ending October 31, 2023, to be payable on November 15, 2023, to shareholders of record on October 31, 2023. Pacific Gas and Electric Company will pay a dividend on its eight series of preferred stock as follows:

First Preferred Stock,
$25 Par Value
Quarterly Dividend to
be Paid Per Share
First Preferred Stock,
$25 Par Value
Quarterly Dividend to
be Paid Per Share
Non-Redeemable Redeemable
6.00% $0.37500 5.00% $0.31250
5.50% $0.34375 5.00% Series A $0.31250
5.00% $0.31250 4.80% $0.30000
4.50% $0.28125
4.36% $0.27250

In order to be considered a shareholder of record for the dividend payment, you must have purchased the stock at least two trading days before the record date.

This update only refers to Pacific Gas and Electric Company preferred shares, not to shares of PG&E Corporation common stock, for which a dividend has not been reinstated.

Dividend Payment Dates: Dividends on our stock are generally paid quarterly in the months shown below:

PG&E Corporation
Common Stock
Pacific Gas and Electric Company
First Preferred Dividend
January 15 February 15
April 15 May 15
July 15 August 15
October 15 November 15

Record Date: This is the date selected by the Board of Directors, which is used to determine who is eligible to receive a dividend payment. Shareholders who own stock on that date will receive the dividend directly from EQ Shareowner Services (“EQ”). Shareholders who own stock in street name will receive the dividend directly from their brokers.

Ex-Dividend Date: This date is significant only when investors are buying or selling stock. Under a New York Stock Exchange rule, if an investor buys a company’s stock on or after the ex-dividend date, the seller rather than the investor is entitled to the next dividend. The ex-dividend date is set by the New York Stock Exchange (common) or NYSE Amex Equities stock exchange (preferred) and usually is the business day prior to the record date (see above).

This procedure is required because it takes about two business days to settle a contract for the purchase or sale of a security. Therefore, if an investor buys or sells stock later than the business day prior to the record date, the transaction would not be settled until after the record date. Consequently, the purchaser would not be a holder on the record date and would not receive the dividend, which would go to the seller instead.

Dividend Checks: Dividend checks are mailed in time to reach shareholders on the payment dates. However, shareholders should allow for delays in postal handling before notifying EQ that they have not received a check.

Dividend and Stock Split History

PAYMENT DATE

Year

January

April

July

October

 2023 - - - -
 2022 - - - -
 2021 - - - -
 2020 - - - -
 2019 - - - -
 2018 - - - -
Dividends were suspended on December 20, 2017.

2017

$.490

$.490

$.530 $.530

2016

$.455

$.455

$.490

$.490

2015

$.455

$.455

$.455

$.455

2014

$.455

$.455

$.455

$.455

2013

$.455

$.455

$.455

$.455

2012

$.455

$.455

$.455

$.455

2011

$.455

$.455

$.455

$.455

2010

$.420

$.455

$.455

$.455

2009

$.390

$.420

$.420

$.420

2008

$.360

$.390

$.390

$.390

2007

$.330

$.360

$.360

$.360

2006

$.330

$.330

$.330

$.330

2005

-

$.300

$.300

$.300

2004

-

-

-

-

2003

-

-

-

-

2002

-

-

-

-

2001

$.300 *

-

-

-

  * This payment was for the fourth quarter 2000 dividends, which was paid in March 2001.

  Dividends were suspended on January 1, 2001.

2000

$.300

$.300

$.300

$.300

1999

$.300

$.300

$.300

$.300

1998

$.300

$.300

$.300

$.300

  PG&E Corporation was formed as a holding company on January 1, 1997.

1997

$.300

$.300

$.300

$.300

1996

$.490

$.490

$.490

$.490

1995

$.490

$.490

$.490

$.490

1994

$.470

$.490

$.490

$.490

1993

$.440

$.470

$.470

$.470

1992

$.410

$.440

$.440

$.440

1991

$.380

$.410

$.410

$.410

1990

$.350

$.380

$.380

$.380

1989

$.350

$.350

$.350

$.350

1988

$.480

$.480

$.480

$.350

1987

$.480

$.480

$.480

$.480

1986

$.460

$.460

$.480

$.480

1985

$.430

$.430

$.460

$.460

1984

$.400

$.400

$.430

$.430

  A 2-for-1 stock split was announced on June 15, 1983; the dividend was paid on July 15, 1983.

1983

$.750

$.750

$.400

$.400

1982

$.680

$.680

$.750

$.750

1981

$.650

$.680

$.680

$.680

1980

$.610

$.650

$.650

$.650

1979

$.540

$.580

$.580

$.610

1978

$.500

$.540

$.540

$.540

1977

$.470

$.500

$.500

$.500

1976

$.470

$.470

$.470

$.470

1975

$.470

$.470

$.470

$.470

1974

$.445

$.470

$.470

$.470

1973

$.410

$.445

$.445

$.445

1972

$.410

$.410

$.410

$.410

1971

$.375

$.410

$.410

$.410

1970

$.375

$.375

$.375

$.375

1969

$.375

$.375

$.375

$.375

1968

$.350

$.350

$.350

$.375

1967

$.325

$.350

$.350

$.350

1966

$.300

$.325

$.325

$.325

1965

$.275

$.300

$.300

$.300

1964

$.250

$.275

$.275

$.275

1963

$.250

$.250

$.250

$.250

1962

$.700

$.250

$.250

$.250

  A 3-for-1 stock split was announced on December 29, 1961; the dividend was paid on April 16, 1962.

1961

$.650

$.700

$.700

$.700

1960

$.650

$.650

$.650

$.650

1959

$.650

$.650

$.650

$.650

1958

$.600

$.600

$.600

$.600

1957

$.600

$.600

$.600

$.600

1956

$.550

$.550

$.550

$.550

1955

$.550

$.550

$.550

$.550

1954

$.550

$.550

$.550

$.550

1953

$.500

$.500

$.500

$.550

1952

$.500

$.500

$.500

$.500

1951

$.500

$.500

$.500

$.500

1950

$.500

$.500

$.500

$.500

1949

$.500

$.500

$.500

$.500

1948

$.500

$.500

$.500

$.500

1947

$.500

$.500

$.500

$.500

1946

$.500

$.500

$.500

$.500

1945

$.500

$.500

$.500

$.500

1944

$.500

$.500

$.500

$.500

1943

$.500

$.500

$.500

$.500

1942

$.500

$.500

$.500

$.500

1941

$.500

$.500

$.500

$.500

1940

$.500

$.500

$.500

$.500

1939

$.500

$.500

$.500

$.500

1938

$.500

$.500

$.500

$.500

1937

$.500

$.500

$.500

$.500

1936

$.375

$.375

$.375

$.375

1935

$.375

$.375

$.375

$.375

1934

$.375

$.375

$.375

$.375

1933

$.500

$.500

$.375

$.375

1932

$.500

$.500

$.500

$.500

1931

$.500

$.500

$.500

$.500

1930

$.500

$.500

$.500

$.500

1929

$.500

$.500

$.500

$.500

1928

$.500

$.500

$.500

$.500

  A 4-for-1 stock split was announced on January 3, 1927; the dividend was paid on January 15, 1927.

1927

$.500

$.500

$.500

$.500

1926

$1.500

$1.500

$1.500

$1.500

1925

$1.500

$1.500

$1.500

$1.500

1924

$1.500

$1.500

$1.500

$1.500

1923

$1.500

$1.500

$1.500

$1.500

1922

$1.250

$1.250

$1.250

$1.250

1921

$1.250

$1.250

$1.250

$1.250

1920

$1.250

$1.250

$1.250

$1.250

1919

$1.250

$1.250

$1.250

$1.250

1918

$1.250

$1.250

$1.250

$1.250

1917

$1.250

$1.250

$1.250

$1.250

1916

-

$1.250

$1.250

$1.250

1915

-

-

-

-

1914

-

-

-

-

1913

$1.250

$1.250

-

-

1912

-

$1.250

 

 

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Shareholder Information

EQ Shareowner Services
Transfer Agent
1-888-489-4689

PG&E Shareholder Services
CorporateSecretary@pge.com

Investor Relations Contact Info

invrel@pge-corp.com

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