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>> someone whose sole purpose is to squeeze those people for as much as possible If you look at https://finance.yahoo.com/quote/PCG/ https://finance.yahoo.com/
by rufus_foreman 2y ago
>> someone whose sole purpose is to squeeze those people for as much as possible
If you look at https://finance.yahoo.com/quote/PCG/ https://finance.yahoo.com/quote/PCG/ and select all data, it looks like PG&E's stock price is around the same as it was in 1985. That means that adjusted for inflation, it has lost most of its value over that time period. It pays a 0.58% dividend, which, as the article says, is "the lowest dividend in its industry".
Returning far worse profits than treasury bonds is not squeezing people for as much as possible.
- reverendsteveii 2y agoYou're talking about where the money is going. I'm talking about where the money is coming from. Regardless of what they're spending it on later the amount of money left after all expenses are paid is going up and that increase is coming from consumers.