Portland General Electric Declares Dividend
Get Alerts POR Hot Sheet
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 4.6%
EPS Growth %: +27.5%
Join SI Premium – FREE
PORTLAND, Ore.--(BUSINESS WIRE)-- On Oct. 22, 2015, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of 30 cents per share, unchanged from last quarter’s dividend.
The company’s dividend is evaluated based on capital requirements and financial performance. Over the long term, PGE targets a dividend payout ratio of 50 to 70 percent.
The dividend is payable on or before Jan. 15, 2016 to shareholders of record at the close of business on Dec. 28, 2015.
About Portland General Electric Company
Portland General Electric, headquartered in Portland, Ore., is a fully integrated electric utility that serves approximately 849,000 residential, commercial and industrial customers in Oregon. Visit our website at www.PortlandGeneral.com.
POR-FSource: Portland General Electric Company
View source version on businesswire.com: http://www.businesswire.com/news/home/20151022006681/en/
Portland General Electric Company
Media Contact:
Melanie
Moir
Corporate Communications
Phone: 503-464-8790
or
Investor
Contact:
Bill Valach
Director, Investor Relations
Phone:
503-464-7395
Source: Portland General Electric Company
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Portland General Electric Company (POR) PT Raised to $44 at Barclays
- SW Imports Selects SYSPRO ERP Software to Support Expansion, Aiming to Triple the Number of Product Lines in the Next Five Years
- Marymount University and Placemakr Introduce Amazon's Just Walk Out Technology at Marymount Ballston Property
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!