Portland General Electric (POR) Declares $0.475 Quarterly Dividend; 4.7% Yield

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Portland General Electric declares dividend

February 9, 2024 6:00 PM EST

PORTLAND, Ore., Feb. 9, 2024 /PRNewswire/ -- On February 9, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.475 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... More