Home Markets Dividend Growth of Pacific Gas & Electric Co.(PCG)

Dividend Growth of Pacific Gas & Electric Co.(PCG)


Pacific Gas & Electric Co.(PCG) is having a Dividend Yield of 3.11% with the Annual cash Dividend per share of $1.93. The last quarter cash dividend per share pay out was $0.49. Pacific Gas & Electric Co. has a 5 year average dividend yield of 3.8% and the stock has a Indicated annual dividend of $1.96. Pacific Gas & Electric Co.(PCG) formally announced its most recent dividend on December 19, 2016 with a Dividend per share of $0.49. The new indicated annual dividend based on announced dividend per share is $1.96. The dividend yield based on the forward looking indicated annual dividend is 3.11%. Pacific Gas & Electric Co.(PCG) has the most recent dividend payout ratio of 0.67 with a 5-year average payout ratio of 0.58. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.09. The 5 year historical dividend growth of Pacific Gas & Electric Co.(PCG) is at the rate of 1.14% while the R-Squared dividend growth is 0.38. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Pacific Gas & Electric Co. (NYSE:PCG) rose 0.71% or 0.45 points on Thursday and made its way into the gainers of the day. After trading began at $63.75 the stock was seen hitting $63.95 as a peak level and $63.01 as the lowest level. The stock ended up at $63.39. The daily volume was measured at 2,473,145 shares. The 52-week high of the share price is $65.43 and the 52-week low is $54.71. The company has a market cap of $32,054 million. Shares of PG&E Corporation rose by 0.8% in the last five trading days and 3.14% for the last 4 weeks. PG&E Corporation is up 8.12% in the last 3-month period. Year-to-Date the stock performance stands at 4.31%.

Currently the company Insiders own 0.14% of Pacific Gas & Electric Co. shares according to the proxy statements. Institutional Investors own 82.01% of Pacific Gas & Electric Co. shares. Company has reported several Insider transactions to the SEC, on Mar 8, 2016, Kent M Harvey (SVP, Finance) sold 17,920 shares at 56.24 per share price.On Mar 8, 2016, Hyun Park (SVP and General Counsel) sold 6,807 shares at 56.35 per share price.On Mar 8, 2016, John R Simon (EVP-CorpSvcs & Human Resources) sold 3,899 shares at 56.34 per share price.

PG&E Corporation Last issued its quarterly earnings results on Feb 16, 2017. The company reported $1.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $1.24.Analysts expectations of $ 4643.71.During the same quarter in the previous year, the company posted $0.50 EPS.

PG&E Corporation is an energy-based holding company. Pacific Gas and Electric Company, the companys primary subsidiary, is an operating public utility engaged principally in the business of providing electricity and natural gas distribution and transmission services throughout most of Northern and Central California.



Please enter your comment!
Please enter your name here