Portland General Electric declares dividend

Q: What dividend did Portland General Electric (POR) declare on April 24, 2026?

Portland General Electric declared a quarterly dividend of $0.55125 per share . According to the company, this represents a 5% annualized increase , equivalent to a $0.105 per share annualized bump compared with the prior rate.

Q: When is the Portland General Electric (POR) dividend payable and what is the record date?

The dividend is payable on or before July 15, 2026 to shareholders of record at the close of business on June 25, 2026 . According to the company, shareholders on the June 25 record date will receive the July payment.

Q: What does POR's 60–70% payout ratio target mean for shareholders?

The company targets a long-term dividend payout ratio of 60–70% , indicating the share of earnings aimed for dividends. According to the company, that target guides future dividend sizing relative to reported financial performance and capital needs.

Q: Will the April 24, 2026 dividend change affect POR's annual dividend amount?

The quarterly increase to $0.55125 implies a higher annualized dividend relative to the prior rate by $0.105 on an annualized basis. According to the company, this change reflects the board's approval based on current financial assessment.

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Portland General Electric (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share, reflecting a 5% increase on an annualized basis (equivalent to $0.105 per share annualized increase). The dividend is payable on or before July 15, 2026 to shareholders of record at the close of business on June 25, 2026. The company said dividend decisions are based on capital requirements and financial performance and that PGE targets a long-term dividend payout ratio of 60–70%.

Positive

Quarterly dividend of $0.55125 per share
Annualized increase of 5% (equivalent to $0.105 per share)
Payable by July 15, 2026; record date June 25, 2026
Long-term payout target of 60–70% of earnings

Negative

None.

04/24/2026 - 06:00 PM

PORTLAND, Ore., April 24, 2026 /PRNewswire/ -- On April 24, 2026, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share, representing an increase of 5%, or $0.105 per share, on an annualized basis.

The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before July 15, 2026, to shareholders of record at the close of business on June 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company's amount and timing of dividends payable as well as other statements containing words such as "committed to," "targets," or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company's business strategy; increases in capital expenditures; 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 restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. 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. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

Source: Portland General Company

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302753292.html

SOURCE Portland General Company

FAQ

What dividend did Portland General Electric (POR) declare on April 24, 2026?

Portland General Electric declared a quarterly dividend of $0.55125 per share. According to the company, this represents a 5% annualized increase, equivalent to a $0.105 per share annualized bump compared with the prior rate.

When is the Portland General Electric (POR) dividend payable and what is the record date?

The dividend is payable on or before July 15, 2026 to shareholders of record at the close of business on June 25, 2026. According to the company, shareholders on the June 25 record date will receive the July payment.

How does Portland General Electric (POR) decide its dividend amount?

Dividend decisions are evaluated based on capital requirements and financial performance. According to the company, the board considers those factors alongside its stated long-term dividend payout ratio target of 60–70%.

What does POR's 60–70% payout ratio target mean for shareholders?

The company targets a long-term dividend payout ratio of 60–70%, indicating the share of earnings aimed for dividends. According to the company, that target guides future dividend sizing relative to reported financial performance and capital needs.

Will the April 24, 2026 dividend change affect POR's annual dividend amount?

The quarterly increase to $0.55125 implies a higher annualized dividend relative to the prior rate by $0.105 on an annualized basis. According to the company, this change reflects the board's approval based on current financial assessment.