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Stock impact report

Portland General Electric Increases 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: Business Wire
PORTLAND, Ore.--(BUSINESS WIRE)-- On April 25, 2018, the board of directors of Portland General Electric Company (NYSE: POR) approved a 6.6 percent increase in the regular quarterly common stock dividend to 36.25 cents per share, up from last quarter’s dividend of 34 cents per share. The dividend is payable on or before July 16, 2018, to shareholders of record at the close of business on June 25, 2018. “Today’s declaration marks our twelfth consecutive annual dividend increase since going public in 2006,” said Maria Pope, PGE’s president and CEO. “It is reflective of our commitment to provide a competitive return for our investors; strong business fundamentals; and long-term growth as we deliver reliable and clean energy and invest in a more resilient and secure grid.” The company’s dividend is approved quarterly by the board of directors based on financial performance, capital requirements and o Show less Read more
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