Pacific Gas & Electric Co. (NYSE:PCG) Plans $0.05 Quarterly Dividend

Posted by on May 22nd, 2026

Pacific Gas & Electric Co. (NYSE:PCG – Get Free Report) declared a quarterly dividend on Thursday, May 21st. Investors of record on Tuesday, June 30th will be paid a dividend of 0.05 per share by the utilities provider on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, June 30th.

Pacific Gas & Electric has a payout ratio of 12.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect Pacific Gas & Electric to earn $1.81 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 11.0%.

Pacific Gas & Electric Price Performance

PCG stock traded up $0.08 during midday trading on Friday, hitting $16.52. 14,143,401 shares of the stock were exchanged, compared to its average volume of 22,211,262. The stock’s 50-day moving average price is $17.21 and its 200-day moving average price is $16.64. The stock has a market cap of $44.26 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 0.62 and a beta of 0.29. Pacific Gas & Electric has a fifty-two week low of $12.97 and a fifty-two week high of $19.16. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.13 and a current ratio of 1.20.

Pacific Gas & Electric (NYSE:PCG – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.04. Pacific Gas & Electric had a return on equity of 11.95% and a net margin of 11.44%.The company had revenue of $6.88 billion during the quarter, compared to analysts’ expectations of $6.20 billion. During the same period in the previous year, the firm posted $0.33 earnings per share. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Research analysts predict that Pacific Gas & Electric will post 1.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on PCG shares. Morgan Stanley set a $22.00 price objective on Pacific Gas & Electric in a research report on Thursday. Barclays upped their price objective on Pacific Gas & Electric from $21.00 to $23.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. Weiss Ratings upgraded Pacific Gas & Electric from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. JPMorgan Chase & Co. reduced their price objective on Pacific Gas & Electric from $24.00 to $23.00 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $25.00 price objective on shares of Pacific Gas & Electric in a research report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $22.10.

Check Out Our Latest Stock Report on Pacific Gas & Electric

Pacific Gas & Electric Company Profile

(Get Free Report)

Pacific Gas & Electric (NYSE: PCG) is an investor-owned utility holding company whose principal operating subsidiary, Pacific Gas and Electric Company, provides electricity and natural gas service in northern and central California. The company’s core activities include the generation, procurement, transmission and distribution of electric power, as well as the transmission and distribution of natural gas. PG&E serves a broad mix of residential, commercial, and industrial customers across urban and rural communities within its California service territory.

PG&E’s operations encompass utility infrastructure planning and construction, grid operations, customer service and energy procurement.

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Dividend History for Pacific Gas & Electric (NYSE:PCG)

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