| EQUITY |
EQUITY Dividends
Subject to the dividend restrictions as described in Notes 6 and 7 of the Notes to the Consolidated Financial Statements in Item 8 of the 2025 Form 10-K, any decision to declare and pay dividends in the future will be made at the discretion of PG&E Corporation’s and the Utility’s Boards of Directors and will depend on, among other things, results of operations, financial condition, cash requirements, contractual restrictions and other factors that the Boards of Directors may deem relevant. The following table summarizes the dividends paid or declared by PG&E Corporation and the Utility in 2026:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Security | | Amount per Share | | Aggregate amount (in millions) | | Date of Declaration | | Record Date | | Payment Date | | PG&E Corporation common stock | | $ | 0.05 | | | $ | 110 | | | December 11, 2025 | | December 31, 2025 | | January 15, 2026 | | 0.05 | | 111 | | | February 19, 2026 | | March 31, 2026 | | April 15, 2026 | | 0.05 | | 111 | | | May 21, 2026 | | June 30, 2026 | | July 15, 2026 | | 0.05 | | 111 | | | September 17, 2026 | | September 30, 2026 | | October 15, 2026 | | Utility common stock | | (1) | | 625 | | | February 19, 2026 | | (1) | | March 30, 2026 | | (1) | | 625 | | | May 21, 2026 | | (1) | | June 30, 2026 | | (1) | | 625 | | | September 17, 2026 | | (1) | | September 30, 2026 | | PG&E Corporation mandatory convertible preferred stock | | 0.75 | | 24 | | | December 11, 2025 | | February 13, 2026 | | March 1, 2026 | | 0.75 | | | 24 | | | February 19, 2026 | | May 15, 2026 | | June 1, 2026 | | 0.75 | | | 24 | | | May 21, 2026 | | August 14, 2026 | | September 1, 2026 | | 0.75 | | | 24 | | | September 17, 2026 | | November 13, 2026 | | December 1, 2026 | | Utility preferred stock | | varies by series | | 3.5 | | | December 11, 2025 | | January 30, 2026 | | February 15, 2026 | | varies by series | | 3.5 | | | February 19, 2026 | | April 30, 2026 | | May 15, 2026 | | varies by series | | 3.5 | | | May 21, 2026 | | July 31, 2026 | | August 15, 2026 | | varies by series | | 3.5 | | | September 17, 2026 | | October 30, 2026 | | November 15, 2026 | | | | | | | | | | | |
(1) PG&E Corporation owns all of the outstanding shares of the Utility’s common stock.
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