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Stock impact report

Portland General Electric declares dividend

Portland General Electric Co (POR) 
Last portland general electric co earnings: 4/24 05:00 am Check Earnings Report
US:NYSE Investor Relations: investors.portlandgeneral.com
Company Research Source: PR Newswire
PORTLAND, Ore., April 22, 2020 /PRNewswire/ -- On April 22, 2020, the board of directors of Portland General Electric Company (NYSE: POR) met to review the 2020 annual dividend. The board approved a quarterly common stock dividend of 38.5 cents per share, consistent with past quarters. The dividend declared reflects the uncertainty associated with the COVID-19 pandemic and the current economic climate. The board will reevaluate the dividend quarterly through 2020 to determine if adjustments can be made to maintain consistency with PGE's targeted dividend growth rate of 5 to 7% over the long term.The dividend is payable on or before July 15, 2020 to shareholders of record at the close of business on June 25, 2020.  About Portland General Electric CompanyPortland General Electric (NYSE: POR) is a fully integrated energy company based in Portland, Oregon, with operations across the state. The company serves 895,000 customers with a service area population of 1.9 million Oregonians in 51 Show less Read more
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