Portland General Electric (POR) Declares $0.4525 Quarterly Dividend; 4.1% Yield

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Go back to Portland General Electric (POR) Declares $0.4525 Quarterly Dividend; 4.1% Yield

Portland General Electric declares dividend

October 21, 2022 6:00 PM EDT

PORTLAND, 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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