Forbes -
25 Jul 2014 20:10

On 7/29/14, PG&E Corp.'s 6% 1st Preferred Non-Redeemable (AMEX: PCG.PRA) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 8/15/14. As a percentage of PCG.PRA's recent share price of $27.77, this dividend works out to approximately 1.35%, so look for shares of PCG.PRA to trade 1.35% lower — all else being equal — when PCG.PRA shares open for trading on 7/29/14. On an annualized basis, the current yield is approximately 5.42%, which compares to an average yield of 4.58%...
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