Portland General Electric Company (POR) to Issue Quarterly Dividend of $0.53 on April 15th

Portland General Electric Company (NYSE:POR) announced a quarterly dividend on Friday, February 13th. Investors of record on Monday, March 23rd will be given a dividend of 0.525 per share by the utilities provider on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, March 23rd.

Portland General Electric has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 2 years. Portland General Electric has a payout ratio of 62.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect Portland General Electric to earn $3.34 per share next year, which means the company should continue to be able to cover its $2.10 annual dividend with an expected future payout ratio of 62.9%.

Portland General Electric Trading Down 2.7%

Shares of NYSE POR opened at $50.86 on Friday. Portland General Electric has a fifty-two week low of $39.54 and a fifty-two week high of $54.39. The firm has a market capitalization of $5.89 billion, a P/E ratio of 18.36, a P/E/G ratio of 2.97 and a beta of 0.66. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.08 and a quick ratio of 0.95. The company’s 50 day simple moving average is $51.66 and its 200 day simple moving average is $48.20.

Portland General Electric (NYSE:POR) last issued its earnings results on Tuesday, February 17th. The utilities provider reported $0.47 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.12). The business had revenue of $889.00 million for the quarter, compared to the consensus estimate of $892.31 million. Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. During the same quarter in the previous year, the firm posted $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, analysts predict that Portland General Electric will post 3.21 EPS for the current year.

Portland General Electric Company Profile

Portland General Electric (NYSE:POR) is an investor-owned electric utility headquartered in Tigard, Oregon, with roots tracing back to the late 19th century. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across a broad territory in Oregon, primarily encompassing the Portland metropolitan area and surrounding regions.

As one of Oregon’s largest electric utilities, Portland General Electric operates a diverse portfolio of generation assets, including hydroelectric facilities, natural gas–fired plants and renewable energy sources.