PG&E (PCG) Dividend

PG&E Corporation · Utilities · Utilities - Regulated Electric · quarterly payer

$13.16

As of Nov 5, 2026, PG&E (PCG) pays a quarterly dividend of $0.05 per share, or $0.20 a year, a 1.49% yield at its $13.16 share price. It pays every quarter, usually in January, April, July and October. It has a dividend safety grade of C.

Forward Yield

1.49%

Annual Dividend

$0.20

Payout Ratio

15%

5-Yr Growth

—

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about PCG's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, PG&E Corporation (PCG) has a forward dividend yield of 1.49%, based on an annual dividend of $0.20 per share and a share price of $13.16.
As of Nov 5, 2026, PCG's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
PCG last cut its regular dividend in 2024.
PCG's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.0500 per share.
As of Nov 5, 2026, PCG pays out 15% of its trailing 12-month earnings as dividends (its payout ratio).
As of Nov 5, 2026, PCG's 1.49% yield is 289% above its five-year average yield of 0.38%.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for PCG is $18.22 per share, 38% above the $13.16 share price, so PCG screens as undervalued.
PG&E Corporation (PCG) pays its dividend quarterly, 4 times a year.
PG&E Corporation (PCG) has raised its regular dividend 27 times and cut it 2 times across the 177 payments on record since 1972. Its most recent change was a 100.0% increase to $0.0500 per share, going ex-dividend on Dec 31, 2025. The last cut went ex-dividend on Dec 12, 1996.

Cite this page

SmarterDividends, "PCG Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/PCG

Is PCG a good dividend stock?

Mixed

PG&E Corporation (PCG) pays a quarterly dividend yielding 1.49% ($0.20/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

Comfortable payout ratio (15%)

Risks

Cut its dividend in 2024

Key Data

Dividend Yield: 1.49%
Payout Ratio: 15%
Annual Dividend: $0.20
5-Yr Avg Growth: —
Ex-Dividend Date: Sep 30, 2026
Years of Growth: 1
Frequency: quarterly
Beta: 0.18
Market Cap: $39.5B
P/E Ratio: 9.7
5-Yr Total Return: 11%
52-Week Range: $11.77 – $19.16
Dividend Safety: C · 53/100
Ever Cut?: Yes (2024)

PCG dividend raises and cuts

PG&E Corporation (PCG) has raised its regular dividend 27 times and cut it 2 times across the 177 payments on record since 1972. Its most recent change was a 100.0% increase to $0.0500 per share, going ex-dividend on Dec 31, 2025. The last cut went ex-dividend on Dec 12, 1996.

Ex-date	Change	Old → new	Move
Dec 31, 2025	Raise	$0.0250 → $0.0500	+100.0%
Dec 31, 2024	Raise	$0.0100 → $0.0250	+150.0%
Jun 28, 2017	Raise	$0.490 → $0.530	+8.2%
Jun 28, 2016	Raise	$0.455 → $0.490	+7.7%
Mar 29, 2010	Raise	$0.420 → $0.455	+8.3%
Mar 27, 2009	Raise	$0.390 → $0.420	+7.7%
Mar 27, 2008	Raise	$0.360 → $0.390	+8.3%
Mar 28, 2007	Raise	$0.330 → $0.360	+9.1%
Dec 28, 2005	Raise	$0.300 → $0.330	+10.0%
Dec 12, 1996	Cut	$0.490 → $0.300	−38.8%
Mar 9, 1994	Raise	$0.470 → $0.490	+4.3%
Mar 9, 1993	Raise	$0.440 → $0.470	+6.8%

Show all 29 changes since 1973

Ex-date	Change	Old → new	Move
Mar 10, 1992	Raise	$0.410 → $0.440	+7.3%
Mar 11, 1991	Raise	$0.380 → $0.410	+7.9%
Mar 9, 1990	Raise	$0.350 → $0.380	+8.6%
Sep 9, 1988	Cut	$0.480 → $0.350	−27.1%
Jun 10, 1986	Raise	$0.460 → $0.480	+4.3%
Jun 11, 1985	Raise	$0.430 → $0.460	+7.0%
Jun 11, 1984	Raise	$0.400 → $0.430	+7.5%
Jun 9, 1983	Raise	$0.375 → $0.400	+6.7%
Jun 9, 1982	Raise	$0.340 → $0.375	+10.3%
Mar 10, 1981	Raise	$0.325 → $0.340	+4.6%
Mar 11, 1980	Raise	$0.305 → $0.325	+6.6%
Sep 10, 1979	Raise	$0.290 → $0.305	+5.2%
Mar 12, 1979	Raise	$0.270 → $0.290	+7.4%
Mar 13, 1978	Raise	$0.250 → $0.270	+8.0%
Mar 14, 1977	Raise	$0.235 → $0.250	+6.4%
Mar 18, 1974	Raise	$0.223 → $0.235	+5.6%
Feb 28, 1973	Raise	$0.215 → $0.223	+3.5%

Every PCG payment →Download every raise and cut (CSV)

PCG ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →PCG dividend historyEvery payment, totals by year, raises and cutsView →PCG dividend calculator100 shares pay $20.00 a year, $5.00 each quarterCalculate →PCG total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is PCG a good dividend stock?

Mixed. PG&E Corporation (PCG) pays a quarterly dividend yielding 1.49% ($0.20/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is PCG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PCG's fair value is about $18.22 versus a $13.16 share price — so it looks undervalued (+38% vs. fair value).

Is PCG's dividend safe?

PCG has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

What is PCG's fair value?

Our blended fair-value estimate for PCG is about $18.22 per share, roughly 38% above the current $13.16 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PCG a buy, hold, or sell?

We don't issue formal ratings, but on the data PCG screens as "mixed" and undervalued. PG&E Corporation (PCG) pays a quarterly dividend yielding 1.49% ($0.20/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will PCG cut its dividend?

PCG earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PCG pay a dividend?

Yes. PG&E Corporation pays a quarterly dividend of about $0.20 per share annually, a forward yield of roughly 1.49%.

How much dividend does 100 shares of PCG pay?

At $0.20 per share a year, 100 shares of PCG pay $20.00 a year in dividends before tax, about $5.00 each quarter. Buying them costs about $1,316 at the Nov 5, 2026 price.

What is PCG's dividend yield?

As of Nov 5, 2026, PCG's forward dividend yield is 1.49%, based on a $0.20 annual dividend and a $13.16 share price.

What is PCG's dividend per share?

As of Nov 5, 2026, PCG pays $0.20 per share per year, distributed on a quarterly basis.

What is PCG's dividend payout ratio?

As of Nov 5, 2026, PCG's payout ratio is 15% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has PCG grown its dividend?

As of Nov 5, 2026, PCG has increased its dividend for 1 consecutive years.

When is the next PCG ex-dividend date?

As of Nov 5, 2026, PCG's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.0500 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full PCG dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 30, 2026	Oct 15, 2026	$0.0500	regular
Jun 30, 2026	Jul 15, 2026	$0.0500	regular
Mar 31, 2026	Apr 15, 2026	$0.0500	regular
Dec 31, 2025	Jan 15, 2026	$0.0500	regular
Sep 30, 2025	Oct 15, 2025	$0.0250	regular
Jun 30, 2025	Jul 15, 2025	$0.0250	regular
Mar 31, 2025	Apr 15, 2025	$0.0250	regular
Dec 31, 2024	Jan 15, 2025	$0.0250	regular
Sep 30, 2024	Oct 15, 2024	$0.0100	regular
Jun 28, 2024	Jul 15, 2024	$0.0100	regular
Mar 27, 2024	Apr 15, 2024	$0.0100	regular
Dec 28, 2023	Jan 15, 2024	$0.0100	regular
Sep 28, 2017	Oct 15, 2017	$0.5300	regular
Jun 28, 2017	Jul 15, 2017	$0.5300	regular