PG&E frees up cash in the midst of Northern California wildfire investigation

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PG&E frees up cash in the midst of Northern California wildfire investigation

By Staff Report / Friday, December 22nd, 2017 / Comments Off on PG&E frees up cash in the midst of Northern California wildfire investigation

Regional utility provider Pacific Gas & Electric put its quarterly dividend on hold Dec. 20, keeping cash at the ready in the event it is held liable for the wildfires that swept through the Northern California wine region in October. Dividends will be suspended for common stock for the current quarter and for preferred stock…

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