Portland General Electric Declares Dividend
PORTLAND, Ore. -- October 30, 2013
On October 30, 2013, the board of directors of Portland General Electric
Company (NYSE:POR) declared a quarterly common stock dividend of 27.5 cents
per share, unchanged from last quarter’s dividend of 27.5 cents per share.
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 January 15, 2014 to shareholders of
record at the close of business on December 26, 2013.
About Portland General Electric Company
Portland General Electric, headquartered in Portland, Ore., is a fully
integrated electric utility that serves approximately 834,000 residential,
commercial and industrial customers in Oregon. Visit our website at
Source: Portland General Electric Company
Portland General Electric
Public Information Officer
Steve Corson, 503-464-8444
Director, Investor Relations
Bill Valach, 503-464-7395
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