PRESS RELEASES 2004
FOR IMMEDIATE RELEASE
July 19, 2004
ISSUED BY:   PG&E News Department (415) 973-5930

PACIFIC GAS AND ELECTRIC COMPANY DECLARES PREFERRED STOCK DIVIDENDS

SAN FRANCISCO - Pacific Gas and Electric Company today declared dividends on all outstanding series of the company's preferred stock for the three months ending July 31, 2004. The dividends will be payable on August 15, 2004, to shareholders of record on July 30, 2004.  

Pacific Gas and Electric Company will pay dividends on its 11 series of preferred stock and the amount to be paid per series per share will be as follows:

First Preferred Stock, $25 Par Value Quarterly Dividend to be Paid per Share
Redeemable  
7.04% $0.4400000
6.57% $0.4106250
6.30% $0.3937500
5.00% $0.3125000
5.00% Series A $0.3125000
4.80% $0.3000000
4.50% $0.2812500
4.36% $0.2725000
   
Non-Redeemable  
6.00% $0.3750000
5.50% $0.3437500
5.00% $0.3125000

 

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