On July 18, 2025, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.525 per share. This decision highlights the company’s ongoing commitment to its shareholders and reflects its financial performance and capital requirements.
The dividend is set to be payable on or before October 15, 2025, to shareholders who are on record by the close of business on September 25, 2025. Portland General Electric (PGE) maintains a long-term target for its dividend payout ratio between 60% and 70%, ensuring a balance between rewarding shareholders and supporting growth.
Company Overview and Commitment to Sustainability
Founded in 1889, Portland General Electric serves over 950,000 customers across a region of 1.9 million Oregonians. The company is notable for its focus on delivering safe, affordable, and reliable electricity while increasingly prioritizing clean energy initiatives. PGE has established the top voluntary renewable energy program in the United States, emphasizing its commitment to sustainable practices.
In 2024, PGE was acknowledged as the top utility in the Forrester U.S. Customer Experience Index, reflecting its dedication to customer satisfaction. The company has set ambitious goals for reducing emissions from its retail power supply, aiming for an 80% reduction by 2030 and a complete 100% reduction by 2040.
PGE’s community involvement is also noteworthy. In 2024, employees, retirees, and the PGE Foundation collectively donated $5.5 million and volunteered nearly 23,000 hours to support over 480 nonprofit organizations. This demonstrates PGE’s commitment not only to its customers but also to the broader community it serves.
Forward-Looking Statements and Financial Considerations
While the board’s declaration of the dividend is a positive indicator, it is important to consider the associated risks outlined in the company’s communications. Statements made by PGE regarding future performance may include “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. These statements involve estimates and assumptions that could change based on various factors, including regulatory actions, market conditions, and operational challenges.
Investors are reminded that actual results may differ significantly from the projections communicated by PGE. Factors such as legal and regulatory actions, changes in customer demand, and operational risks relating to generation and distribution can impact the company’s performance. Additionally, uncertainties surrounding environmental regulations and economic conditions may also affect PGE’s operations and financial stability.
For further details regarding PGE’s risk factors and forward-looking statements, interested parties can access information available through the U.S. Securities and Exchange Commission (SEC) and PGE’s investor relations page.
Media inquiries can be directed to Drew Hanson, Corporate Communications at PGE, or Nick White, Investor Relations, both reachable via the company’s corporate contact lines.
