PORTLAND, Ore.--(BUSINESS WIRE)--
On July 26, 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 October 16, 2017 to shareholders of
record at the close of business on September 25, 2017.
About Portland General Electric Company
Portland General Electric (NYSE: POR) is a fully integrated energy
company based in Portland, Oregon, serving approximately 872,000
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
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Portland General Electric
Chris Liddle, Investor Relations
Source: Portland General Electric
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