Oakland, Calif., Dec. 12, 2025 — PG&E Corporation (NYSE: PCG) announced on Dec. 11 that its Board approved a regular cash dividend of $0.05 per share for the fourth quarter of 2025. The dividend will be paid on Jan. 15, 2026 to shareholders of record as of Dec. 31, 2025.
PG&E’s utility subsidiary, Pacific Gas and Electric Company, also set the schedule for its preferred‑stock dividends for the quarter ending Jan. 31, 2026. Payments are slated for Feb. 15, 2026 to holders of record on Jan. 30, 2026. The eight series of preferred stock will receive the following quarterly payouts:
| First Preferred Stock – $25 Par Value | Quarterly Dividend per Share |
| Redeemable – 5.00% Series A | $0.31 |
| Redeemable – 4.80% | $0.30 |
| Redeemable – 4.50% | $0.28 |
| Redeemable – 4.36% | $0.27 |
| Non‑Redeemable – 6.00% | $0.37 |
| Non‑Redeemable – 5.50% | $0.34 |
| Non‑Redeemable – 5.00% | $0.31 |
PG&E Corporation is a holding company headquartered in Oakland, California. It is the parent of Pacific Gas and Electric Company, the utility that delivers electricity and natural gas to roughly 16 million customers across a 70,000‑square‑mile service area in northern and central California.
Analysis
The modest $0.05 quarterly dividend reflects PG&E’s ongoing balance‑sheet recovery after a series of high‑profile safety and wildfire liabilities. While the payout is small relative to peers, it signals a commitment to restoring shareholder confidence as the company continues to retire legacy debt and fund capital‑intensive infrastructure projects.
From a technology perspective, PG&E is accelerating its grid‑modernization roadmap. Investments in advanced metering infrastructure, automated distribution management systems, and renewable‑energy integration are expected to improve outage response times and reduce long‑term operating costs. The company’s recent $8 billion allocation toward hardening the transmission network against wildfire risk underscores a strategic pivot toward resilience, which may positively influence regulatory rate cases.
Regulatory dynamics remain a key factor. The California Public Utilities Commission is closely scrutinizing PG&E’s capital plan, emphasizing cost‑effectiveness and customer protection. Successful navigation of these reviews could unlock additional rate‑based revenue, bolstering cash flow and potentially supporting a higher dividend in future quarters.
Overall, PG&E’s dividend announcements, combined with its technology upgrades and regulatory engagement, suggest a cautiously optimistic outlook for investors seeking exposure to the evolving utility sector.
Original article, Author: Jam. If you wish to reprint this article, please indicate the source:https://aicnbc.com/14448.html
