Welcome to our dedicated page for Portland General news (Ticker: POR), a resource for investors and traders seeking the latest updates and insights on Portland General stock.
Portland General Electric (NYSE: POR) provides essential electric services to Oregon through its integrated generation, transmission, and distribution networks. This page serves as the definitive source for official company announcements, financial disclosures, and operational developments.
Investors and stakeholders will find timely updates on quarterly earnings, regulatory filings, and infrastructure investments like PGE's high-voltage transmission projects. The curated news collection also covers renewable energy initiatives including wind expansions and customer-focused sustainability programs.
All content is sourced directly from PGE's verified communications, ensuring accuracy for those monitoring utility sector performance, grid modernization efforts, or regulatory compliance matters. Bookmark this page for streamlined access to strategic updates affecting one of Oregon's largest energy providers.
On April 21, 2023, Portland General Electric Company (NYSE: POR) announced a 5.0% increase in its annual dividend, translating to an additional $0.09 per share. The quarterly dividend is now set at $0.475 per share, payable by July 17, 2023, to shareholders recorded by June 26, 2023. The company maintains a dividend payout ratio target of 60-70%. Portland General Electric serves over 900,000 customers in Oregon and has integrated objectives for reducing greenhouse gas emissions, aiming for an 80% reduction by 2030 and 100% by 2040. The company has been recognized for its commitment to gender equality and community support, contributing nearly $5.5 million in donations in 2022.
Portland General Electric (PGE) has filed its combined Integrated Resource Plan and inaugural Clean Energy Plan, outlining a roadmap to meet Oregon's greenhouse gas emissions targets by 2030. The plan emphasizes reliance on available commercial tools, including renewable energy projects, non-emitting capacity like batteries, and regional collaboration. Notably, PGE achieved a 25% reduction in emissions in 2022. The company's commitment extends to an 80% reduction in greenhouse gas emissions by 2030 and 100% by 2040. PGE aims to maintain reliability and affordability while transitioning to cleaner energy solutions.
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