Cash Dividend On The Way From PG&E Corp.'s 5% Redeemable 1st Preferred

On 4/28/14, PG&E Corp.'s 5% Redeemable 1st Preferred (AMEX: PCG.PRD) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 5/15/14. As a percentage of PCG.PRD's recent share price of $23.41, this dividend works out to approximately 1.33%, so look for shares of PCG.PRD to trade 1.33% lower — all else being equal — when PCG.PRD shares open for trading on 4/28/14. On an annualized basis, the current yield is approximately 5.34%, which compares to an average yield of 4.98% in...