Portland General Electric Company (POR)
Portland General Electric Company (POR) is an energy utility that supplies electricity to customers in Oregon. Founded in 1888, it serves a mix of residential, commercial, and industrial customers, focusing on providing reliable power and investing in renewable energy sources. The company is committed to sustainable energy practices and modernizing its grid infrastructure to support clean energy initiatives.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 15, 2025 | $0.53 | 2025-09-25 | 2025-09-25 |
| July 15, 2025 | $0.53 | 2025-06-24 | 2025-06-24 |
| April 15, 2025 | $0.50 | 2025-03-24 | 2025-03-24 |
| January 15, 2025 | $0.50 | 2024-12-24 | 2024-12-24 |
| October 15, 2024 | $0.50 | 2024-09-24 | 2024-09-24 |
Dividends Summary
- Portland General Electric Company has issued 78 dividend payments over the past 19 years
- The most recent dividend was paid 7 days ago, on October 15, 2025
- The highest dividend payed out to investors during this period was $0.53 per share
- The average dividend paid during this period was $0.34 per share.
Company News
Portland General Electric (POR) has declared a quarterly common stock dividend of $0.525 per share, representing a 5% increase on an annualized basis. The company's dividend is evaluated based on capital requirements and financial performance, with a target payout ratio of 60-70% over the long term.
The article highlights three high-yield dividend stocks: Enterprise Products Partners, Brookfield Renewable, and Portland General Electric. These companies offer attractive yields compared to the broader market and their respective industries, suggesting they are undervalued.
PNM Resources is investing heavily in utility infrastructure and renewable energy to achieve an emission-free generation portfolio by 2040. However, the company faces risks from underutilization of production capacity and pressure on rates due to higher expenditures.
