Forbes -
20 May 2013 22:09

In trading on Monday, shares of PG&E Corp.'s 5.5% 1st Preferred Non-Redeemable (AMEX: PCG.PRB) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $27.40 on the day. This compares to an average yield of 4.31% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, PCG.PRB was trading at a 8.70% premium to its liquidation preference amount, versus the average premium of 5.52% in t...
Share this Article