PG&E declares Q1 common dividend and eight preferred payouts amid capital balancing

PG&E declares quarterly common and multiple preferred dividends amid capital balancing

Pacific Gas and Electric Co. parent PG&E Corporation is declaring a regular first-quarter 2026 cash dividend and paying across eight preferred stock series as it balances shareholder returns with utility capital needs. The holding company announces a $0.05 per-share common dividend payable April 15, 2026 to shareholders of record March 31, 2026. The utility subsidiary, Pacific Gas and Electric Company, also declares the regular preferred dividend for the three‑month period ending April 30, 2026, payable May 15, 2026 to shareholders of record April 30, 2026.

The company specifies quarterly per‑share payments on eight preferred series tied to stated annual rates ranging from 4.36% to 6.00%, equating to quarterly amounts between $0.27250 and $0.37500. The listed series include two 5.00% issues, a 4.80%, 4.50% and a 4.36% issue identified as non‑redeemable, plus series at 6.00% and 5.50%. PG&E notes a $25 par value for its first preferred series and distinguishes between redeemable and non‑redeemable designation across the issues. The announcement is distributed via PR Newswire from Oakland and the company points stakeholders to its corporate website for further information.

Executives frame the payout as part of routine corporate dividend practices while stressing the need to manage cash return programs alongside significant capital expenditures and regulatory obligations inherent to California’s utility sector. PG&E is operating under continued scrutiny over grid safety and infrastructure investments, and the company presents the dividend decisions as balancing shareholder distributions with funding necessities for reliability, wildfire mitigation and regulatory compliance across its service footprint.

Preferred series breakdown and timing

The preferred dividends cover multiple series with quarterly payments explicitly tied to stated coupon rates; record dates and payment dates are set to allow orderly processing across common and preferred holders. The company reiterates standard disclosure points and a reminder that some series are non‑redeemable.

Corporate profile and disclosure

PG&E Corporation is the Oakland, California‑headquartered parent of Pacific Gas and Electric Company, which serves about 16 million Californians across roughly 70,000 square miles of Northern and Central California. The release directs readers to company filings for full details.