Portland General Electric (POR) Tops Q4 EPS by 7c; Guides FY17 In-Line

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Portland General Electric Reports 2016 Financial Results and Initiates 2017 Earnings Guidance

February 17, 2017 5:00 AM EST

Full-year 2016 financial results in line with revised guidance Initiating 2017 earnings guidance of $2.20 to $2.35 per diluted share Plans to file a 2018 General Rate Case with the Oregon Public Utility Commission by the end of February

PORTLAND, Ore.--(BUSINESS WIRE)-- Portland General Electric Company (NYSE: POR) today reported net income of $193 million, or $2.16 per diluted share, for the year ended Dec. 31, 2016. This compares with $172 million, or $2.04 per diluted share, for 2015. Net income was $61 million, or 68 cents per... More

Portland General Electric Declares Dividend

February 15, 2017 5:24 PM EST

PORTLAND, Ore.--(BUSINESS WIRE)-- On Feb. 15, 2017, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of 32 cents per share, unchanged from last quarters dividend.

The companys dividend is evaluated based on capital requirements... More