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> If this is true, then the people imposing those two constraints have only themselves to blame for the blackouts. This is not true. PG&E have been returning p
by rodgerd 7y ago
> If this is true, then the people imposing those two constraints have only themselves to blame for the blackouts.
This is not true. PG&E have been returning phenominal divideds. They have chosen to prefer to dump their asset management budget into dividends.
- jjoonathan 7y agoIt really doesn't look like their dividends were atypical before they went to 0 on Dec 2017: https://ycharts.com/companies/PCG/dividend_yield https://ycharts.com/companies/PCG/dividend_yield https://ycharts.com/companies/SO/dividend_yield https://ycharts.com/companies/SO/dividend_yield https://ycharts.com/companies/DUK/dividend_yield https://ycharts.com/companies/DUK/dividend_yield
- plorkyeran 7y agoAnything above 0% is atypical for a company in the financial position that PG&E claimed to be in. Paying dividends is something that profitable companies do.