Portland General Electric (POR) Declares $0.4525 Quarterly Dividend; 4.1% Yield
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Portland General Electric declares dividend
October 21, 2022 6:00 PM EDTPORTLAND, Ore., Oct. 21, 2022 /PRNewswire/ -- On October 21, 2022, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.4525 per share.
The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.
The quarterly dividend is payable on or before January 17, 2023, to shareholders of record at the close of business on December 27, 2022.
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