Portland General Electric declares dividend
Portland General Electric (NYSE: POR) has announced a quarterly dividend declaration of $0.50 per share on February 12, 2025. The dividend will be payable on or before April 15, 2025, to shareholders of record as of March 24, 2025. The company maintains a target dividend payout ratio of 60-70% over the long term, with dividend evaluations based on capital requirements and financial performance.
Portland General Electric (NYSE: POR) ha annunciato una dichiarazione di dividendo trimestrale di $0,50 per azione il 12 febbraio 2025. Il dividendo sarà pagabile entro il 15 aprile 2025, agli azionisti registrati al 24 marzo 2025. L'azienda mantiene un obiettivo di rapporto di distribuzione dei dividendi del 60-70% a lungo termine, con valutazioni dei dividendi basate sui requisiti di capitale e sulle performance finanziarie.
Portland General Electric (NYSE: POR) ha anunciado una declaración de dividendo trimestral de $0.50 por acción el 12 de febrero de 2025. El dividendo se pagará a más tardar el 15 de abril de 2025, a los accionistas registrados hasta el 24 de marzo de 2025. La empresa mantiene una relación objetivo de pago de dividendos del 60-70% a largo plazo, con evaluaciones de dividendos basadas en los requisitos de capital y el rendimiento financiero.
포틀랜드 제너럴 일렉트릭 (NYSE: POR)는 2025년 2월 12일에 주당 $0.50의 분기 배당금을 선언했다고 발표했습니다. 배당금은 2025년 4월 15일 이전에 지급될 예정이며, 2025년 3월 24일 기준의 주주에게 지급됩니다. 이 회사는 장기적으로 60-70%의 목표 배당금 지급 비율을 유지하며, 배당금 평가는 자본 요구 사항과 재무 성과를 기반으로 합니다.
Portland General Electric (NYSE: POR) a annoncé une déclaration de dividende trimestriel de 0,50 $ par action le 12 février 2025. Le dividende sera payable au plus tard le 15 avril 2025, aux actionnaires enregistrés au 24 mars 2025. L'entreprise maintient un ratio de distribution de dividendes cible de 60-70 % à long terme, avec des évaluations de dividendes basées sur les exigences de capital et la performance financière.
Portland General Electric (NYSE: POR) hat eine vierteljährliche Dividende von 0,50 $ pro Aktie am 12. Februar 2025 angekündigt. Die Dividende wird spätestens am 15. April 2025 an die am 24. März 2025 registrierten Aktionäre ausgezahlt. Das Unternehmen strebt eine langfristige Ausschüttungsquote von 60-70% an, wobei die Dividendenbewertungen auf den Kapitalanforderungen und der finanziellen Leistung basieren.
- Maintained quarterly dividend of $0.50 per share
- Clear dividend payout ratio target of 60-70%
- None.
The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to
The quarterly dividend is payable on or before April 15, 2025, to shareholders of record at the close of business on March 24, 2025.
About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to over 950,000 customers serving an area of 1.9 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering social progress, delivering safe, affordable, reliable and increasingly clean electricity while working to transform energy systems to meet evolving customer needs. PGE customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE was ranked the No. 1 utility in the 2024 Forrester
Safe Harbor Statement
Statements in this press release that relate to future plans, objectives, expectations, performance, events and the like may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent our estimates and assumptions as of the date of this press release. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.
Forward-looking statements include statements regarding the Company's full-year earnings guidance (including assumptions and expectations regarding annual retail deliveries, average hydro conditions, wind generation, normal thermal plant operations, operating and maintenance expense and depreciation and amortization expense) as well as other statements containing words such as "anticipates," "assumptions," "based on," "believes," "conditioned upon," "considers," "could," "estimates," "expects," "forecast," "goals," "intends," "needs," "plans," "predicts," "projects," "promises," "seeks," "should," "subject to," "targets," "will continue," "will likely result," or similar expressions.
Investors are cautioned that any such forward-looking statements are subject to risks and uncertainties, including, without limitation: the timing or outcome of various legal and regulatory actions; governmental policies, legislative action, and regulatory audits, investigations and actions with respect to allowed rates of return, financings, electricity pricing and price structures, acquisition and disposal of facilities and other assets, construction and operation of plant facilities, transmission of electricity, recovery of power costs, operating expenses, deferrals, timely recovery of costs, and capital investments, energy trading activities, and current or prospective wholesale and retail competition; changing customer expectations and choices that may reduce demand for electricity; the sale of excess energy during periods of low demand or low wholesale market prices; impaired financial stability of vendors and service providers and elevated levels of uncollectible customer accounts; uncertainties associated with energy demand to new data centers, including the concentration of data centers, and the ability to obtain regulatory approvals, environmental, and other permits to construct new facilities in a timely manner; operational risks relating to the Company's generation and battery storage facilities, including hydro conditions, wind conditions, disruption of transmission and distribution, disruption of fuel supply, and unscheduled plant outages, which may result in unanticipated operating, maintenance and repair costs, as well as replacement power costs; delays in the supply chain and increased supply costs (including application of tariffs), failure to complete capital projects on schedule or within budget, failure of counterparties to perform under agreement, or the abandonment of capital projects, which could result in the Company's inability to recover project costs, or impact our competitive position, market share, revenues and project margins in material ways; default or nonperformance of counterparties from whom PGE purchases capacity or energy, which require the purchase of replacement power and renewable attributes at increased costs; complications arising from PGE's jointly-owned plant, including ownership changes, regulatory outcomes or operational failures; changes in, and compliance with, environmental laws and policies, including those related to threatened and endangered species, fish, and wildfire; future laws, regulations, and proceedings that could increase the Company's costs of operating its thermal generating plants, or affect the operations of such plants by imposing requirements for additional emissions controls or significant emissions fees or taxes, particularly with respect to coal-fired generating facilities, in order to mitigate carbon dioxide, mercury, and other gas emissions; volatility in wholesale power and natural gas prices that could require PGE to post additional collateral or issue additional letters of credit pursuant to power and natural gas purchase agreements; changes in the availability and price of wholesale power and fuels; changes in customer growth, or demographic patterns, including changes in load resulting in future transmission constraints, in PGE's service territory; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE's credit ratings and outlook on such credit ratings, reductions in demand for investment-grade commercial paper or interest rates, which could affect the access to and availability or cost of capital and result in delay or cancellation of capital projects or execution of the Company's strategic plan as currently envisioned; inflation and volatility in interest rates; the effects of climate change, whether global or local in nature; unseasonable or severe weather conditions, wildfires, and other natural phenomena and natural disasters that could result in operational disruptions, unanticipated restoration costs, third party liability or that may affect energy costs or consumption; the effectiveness of PGE's risk management policies and procedures; ignitions caused by PGE assets or PGE's ability to effectively implement a Public Safety Power Shutoffs (PSPS) and de-energize its system in the event of heightened wildfire risk or implement effective system hardening programs; cybersecurity attacks, data security breaches, physical attacks and security breaches, or other malicious acts against the Company or against Company vendors, which could disrupt operations, require significant expenditures, or result in the release of confidential customer, vendor, employee, or Company information; employee workforce factors, including potential strikes, work stoppages, transitions in senior management, and the ability to recruit and retain key employees and other talent and turnover due to macroeconomic trends or if efforts around diversity, equity and inclusion are perceived to be insufficient or overdone; widespread health emergencies or outbreaks of infectious diseases, which may affect our financial position, results of operations and cash flows; failure to achieve the Company's greenhouse gas emission goals or being perceived to have either failed to act responsibly with respect to the environment or effectively responded to legislative requirements concerning greenhouse gas emission reductions; social attitudes regarding the electric utility and power industries; political and economic conditions; acts of war or terrorism; changes in financial or regulatory accounting principles or policies imposed by governing bodies; new federal, state, and local laws that could have adverse effects on operating results; and risks and uncertainties related to generation and transmission projects, including, but not limited to, regulatory processes, transmission capabilities, system interconnections, permitting and construction delays, legislative uncertainty, inflationary impacts, supply costs and supply chain constraints. As a result, actual results may differ materially from those projected in the forward-looking statements.
Risks and uncertainties to which the Company are subject are further discussed in the reports that the Company has filed with the United States Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov and on the Company's website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements.
Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067
Investor Contact:
Nick White
Investor Relations
Phone: 503-464-8073
Source: Portland General Company
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SOURCE Portland General Company
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