Portland General Electric (POR) Raises Quarterly Dividend 6.3% to $0.34; 2.9% Yield
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Portland General Electric Increases Dividend
April 26, 2017 5:41 PM EDTPORTLAND, Ore.--(BUSINESS WIRE)-- On April 26, 2017, the board of directors of Portland General Electric Company (NYSE: POR) approved a 6.3 percent increase in the regular quarterly common stock dividend to 34 cents per share, up from last quarters dividend of 32 cents per share. The dividend is payable on or before July 17, 2017, to shareholders of record at the close of business on June 26, 2017.
Todays declaration marks our eleventh consecutive annual dividend increase since going public in 2006, said Jim Piro, PGEs president and chief executive officer. Our long-term focus on operational excellence, including our... More
