SmarterDividends
PCG

PG&E Corporation

PCG

Utilities · Stock · quarterly payer

Forward Yield

1.19%

Annual Dividend

$0.20

Payout Ratio

12%

5-Yr Growth

Ex-Date

Jun 30, 2026

Frequency

Quarterly

PCG Dividend Safety Score

52/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage12% of earnings paid out
Balance-sheet strengthDebt/equity of 1.88
Yield vs its historyYield is 3.1× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PCG a good dividend stock?

Mixed

PG&E Corporation (PCG) pays a quarterly dividend yielding 1.19% ($0.20/yr), with 2 years 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 (12%)
  • 69% total price return over 5 years

Risks

  • Cut its dividend in 2024

Key Data

Dividend Yield
1.19%
Payout Ratio
12%
Annual Dividend
$0.20
5-Yr Avg Growth
Ex-Dividend Date
Jun 30, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.27
Market Cap
$37.0B
P/E Ratio
13.0
5-Yr Total Return
69%
52-Week Range
$12.97 – $19.16
Dividend Safety
C · 52/100
Ever Cut?
Yes (2024)
PCG ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.20 / yr per share

Per payment (quarterly)$5.00
Annual$20.00
Monthly avg$1.67