- Portland General Electric (POR, Financial) announces a 5% increase in quarterly dividends.
- New dividend of $0.525 per share, representing an annual increase of $0.10 per share.
- Dividend payout scheduled on or before July 15, 2025, for shareholders on record as of June 24, 2025.
Portland General Electric Company (POR) has announced a 5% increase in its quarterly common stock dividend, resulting in a new dividend payment of $0.525 per share. This adjustment translates to an annualized increase of $0.10 per share. The decision reflects PGE's commitment to maintaining a strong dividend payout ratio target of 60-70% over the long term, based on the company's capital requirements and financial performance.
The upcoming dividend is set to be disbursed on or before July 15, 2025, to shareholders recorded at the close of business on June 24, 2025. This strategic move underscores Portland General Electric's dedication to delivering shareholder value while aligning with its long-term financial goals.
Portland General Electric continues to serve over 950,000 customers in Oregon, aiming to reduce emissions by 80% by 2030 and 100% by 2040, demonstrating its commitment to sustainability and clean energy initiatives.
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