Portland General Electric Declares Dividend

  Portland General Electric Declares Dividend

Business Wire

PORTLAND, Ore. -- February 19, 2014

On February 19, 2014 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 April 15, 2014 to shareholders of record
at the close of business on March 25, 2014.

About Portland General Electric Company

Portland General Electric, headquartered in Portland, Ore., is a fully
integrated electric utility that serves approximately 836,000 residential,
commercial and industrial customers in Oregon. Visit our website at
www.PortlandGeneral.com.

POR-F
Source: Portland General Electric Company

Contact:

Portland General Electric Company
Media Contact:
Steve Corson, 503-464-8444
Public Information Officer
or
Investor Contact:
Bill Valach, 503-464-7395
Director, Investor Relations
 
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