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3136


Portland General Electric Declares Dividend

PORTLAND, Ore., Feb 14, 2018 (BUSINESS WIRE) --

On Feb. 14, 2018, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of 34 cents per share, unchanged from last quarter's dividend.

The company's dividend is evaluated based on capital requirements and financial performance. Over the long term, PGE targets a dividend payout ratio of 50 to 70 percent.

The dividend is payable on or before April 16, 2018 to shareholders of record at the close of business on March 26, 2018.

About Portland General Electric Company

Portland General Electric, headquartered in Portland, Ore., is a fully integrated electric utility that serves approximately 875,000 residential, commercial and industrial customers in 51 cities. For more than 125 years, PGE has been delivering safe, reliable energy to Oregonians. With approximately 2,900 employees across the state, PGE is committed to building a cleaner, more efficient energy future. Together with its customers, PGE has the number one voluntary renewable energy program in the U.S. For more information visit PortlandGeneral.com.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20180214006497r1&sid=cmtx6&distro=nx&lang=en

View source version on businesswire.com: http://www.businesswire.com/news/home/20180214006497/en/

SOURCE: Portland General Electric Company

Portland General Electric Company 
Media Contact: 
Melanie Erdmann, 503-464-8790 
Corporate Communications 
or 
Investor Contact: 
Chris Liddle, 503-464-7458 
Manager, Investor Relations and Treasury


Copyright Business Wire 2018 ********************************************************************** As of Saturday, 02-10-2018 23:59, the latest Comtex SmarTrendĀ® Alert, an automated pattern recognition system, indicated an UPTREND on 10-21-2011 for POR @ $24.56. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright Ā© 2004-2018 Comtex News Network, Inc. All rights reserved.
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