Portland General Electric declares dividend
PORTLAND, Ore., July 29, 2020 /PRNewswire/ -- On July 29, 2020, the board of directors of Portland General Electric Company (NYSE: POR) approved an increase in the annual dividend of 5.8%, or nine cents per share, declaring a quarterly common stock dividend of 40.75 cents per share.
Last quarter, the dividend remained consistent with previous quarters, reflecting uncertainties related to the onset of the COVID-19 pandemic. At that time, the board pledged to reevaluate the dividend quarterly.
The quarterly dividend is payable on or before October 15, 2020 to shareholders of record at the close of business on September 25, 2020.
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Source: Portland General Company (POR)
SOURCE Portland General Company
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