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Shouldn’t PGE forgo payouts to shareholders in order to keep infrastructure to a better standard? Surely the long term value of PGE is diminished (and thus thei
by torpfactory 7y ago
Shouldn’t PGE forgo payouts to shareholders in order to keep infrastructure to a better standard? Surely the long term value of PGE is diminished (and thus their ability to pay dividends) if they are found liable for fires or effect rolling blackouts as a “solution”. The pension funds could invest in something else instead.
- javagram 7y agoThey suspended dividends two years ago https://www.sfchronicle.com/business/article/PG-E-suspends-dividends-over-possible-wildfire-12445592.php https://www.sfchronicle.com/business/article/PG-E-suspends-d...