Portland General Electric Increases Dividend
"This is PGE's eighth consecutive annual dividend increase since going
public in 2006, reflecting our continued focus on strong operations,
prudent financial management, and delivering value to both our customers
and our shareholders," said
The company's dividend is evaluated annually by the board of directors 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
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