Portland General Electric Declares Dividend

Source: www.gulfoilandgas.com 10/20/2023, Location: North America

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 before January 15, 2024, to shareholders of record at the close of business on December 26, 2023.


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