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Business · Stock markets · published 2026-10-23 · via StockTitan

PGE Approves Quarterly Payout to Common Stockholders

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Portland General Electric's board declared a quarterly common dividend of $0.55125 per share. The payment is due by January 15, 2027, to shareholders of record on December 22, 2026. The utility said it targets a long-term payout ratio of 60% to 70% and reviews the dividend against capital needs and financial results.

Expanded Detail

Portland General Electric’s board authorized a regular common-share distribution of $0.55125 for each share. Investors on the company’s books at the end of business on Dec. 22, 2026, are set to receive it, with payment scheduled no later than Jan. 15, 2027. The NYSE-listed utility said it aims for a 60%–70% long-term share of earnings paid out and weighs that payout against funding needs and results.

PGE supplies electricity across Oregon through generation, transmission and distribution operations, serving close to 960,000 customers and roughly 2 million residents. The company traces its history to 1889 and describes itself as an integrated energy business.

Context

The dividend declaration may matter most to income-focused shareholders, including retirees and funds that hold utility stocks for steady payouts. It could also shape how customers and regulators view PGE’s financial balance as the utility funds grid work and operations. A stable payout may support confidence, while the stated 60%–70% target could prompt questions about how capital needs and customer costs are weighed over time.

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
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