Portland General Electric Declares Dividend
October 25 2017 - 5:02PM
Business Wire
On Oct. 25, 2017, the board of directors of Portland General
Electric Company (NYSE: POR) declared a quarterly common stock
dividend of 34 cents per share, unchanged from last quarter’s
dividend.
The company’s dividend is evaluated based on capital
requirements and financial performance. Over the long term, PGE
targets a dividend payout ratio of 50 to 70 percent.
The dividend is payable on or before Jan. 16, 2018 to
shareholders of record at the close of business on Dec. 26,
2017.
About Portland General Electric Company
Portland General Electric, headquartered in Portland, Ore., is a
fully integrated electric utility that serves approximately 873,000
residential, commercial and industrial customers in 51 cities. For
more than 125 years, PGE has been delivering safe, reliable energy
to Oregonians. With more than 2,750 employees across the state, PGE
is committed to building a cleaner, more efficient energy future.
Together with its customers, PGE has the number one voluntary
renewable energy program in the U.S. For more information visit
PortlandGeneral.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171025006468/en/
Portland General ElectricMedia Contact:Melanie
MoirCorporate CommunicationsPhone: 503-464-8790orInvestor
Contact:Chris LiddleManager, Investor Relations and Corporate
FinancePhone: 503-464-7458
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