Portland General Electric's last quarterly dividend payment of $0.475 per share was made to shareholders on record before Sep 22, 2023. The dividend payment stands at $1.86 per share annually, which equates to a dividend yield of 4.37%.
Portland General Electric's dividend yield of 4.37% is above the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 3.66%, Portland General Electric's dividend yield is 19% higher. The historical 5-year average of POR's dividend yield is 3.5%, which is less than the current yield.
Portland General Electric has been paying dividends for the last 17 years. According to our records POR has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 5% since one year ago. And with the stock price down by 12% from a year ago, the dividend yield marks an increase of 19%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 22, 2023 | Oct 16, 2023 | Jul 21, 2023 | $0.475 | normal |
| Jun 23, 2023 | Jul 17, 2023 | Apr 21, 2023 | $0.475 | normal |
| Mar 24, 2023 | Apr 17, 2023 | Feb 10, 2023 | $0.453 | normal |
| Dec 23, 2022 | Jan 17, 2023 | Oct 21, 2022 | $0.453 | normal |
| Sep 23, 2022 | Oct 17, 2022 | Jul 22, 2022 | $0.453 | normal |
| Jun 24, 2022 | Jul 15, 2022 | Apr 22, 2022 | $0.453 | normal |
| Mar 24, 2022 | Apr 18, 2022 | Feb 11, 2022 | $0.43 | normal |
| Dec 23, 2021 | Jan 18, 2022 | Oct 26, 2021 | $0.43 | normal |
| Sep 24, 2021 | Oct 15, 2021 | Jul 28, 2021 | $0.43 | normal |
| Jun 24, 2021 | Jul 15, 2021 | Apr 28, 2021 | $0.43 | normal |
| Mar 24, 2021 | Apr 15, 2021 | Feb 17, 2021 | $0.408 | normal |
| Dec 24, 2020 | Jan 15, 2021 | Oct 28, 2020 | $0.408 | normal |
| Sep 24, 2020 | Oct 15, 2020 | Jul 30, 2020 | $0.408 | normal |
| Jun 24, 2020 | Jul 15, 2020 | Apr 22, 2020 | $0.385 | normal |
| Mar 24, 2020 | Apr 15, 2020 | Feb 12, 2020 | $0.385 | normal |
| Dec 24, 2019 | Jan 15, 2020 | Oct 30, 2019 | $0.385 | normal |
| Sep 24, 2019 | Oct 15, 2019 | Jul 31, 2019 | $0.385 | normal |
| Jun 24, 2019 | Jul 15, 2019 | Apr 24, 2019 | $0.385 | normal |
| Mar 22, 2019 | Apr 15, 2019 | Feb 13, 2019 | $0.363 | normal |
| Dec 24, 2018 | Jan 15, 2019 | Oct 24, 2018 | $0.363 | normal |
| Sep 24, 2018 | Oct 15, 2018 | Jul 25, 2018 | $0.363 | normal |
| Jun 22, 2018 | Jul 16, 2018 | Apr 25, 2018 | $0.363 | normal |
| Mar 23, 2018 | Apr 16, 2018 | Feb 14, 2018 | $0.34 | normal |
| Dec 22, 2017 | Jan 16, 2018 | Oct 25, 2017 | $0.34 | normal |
| Sep 22, 2017 | Oct 16, 2017 | Jul 26, 2017 | $0.34 | normal |
| Jun 22, 2017 | Jul 17, 2017 | Apr 26, 2017 | $0.34 | normal |
| Mar 23, 2017 | Apr 17, 2017 | Feb 15, 2017 | $0.32 | normal |
| Dec 22, 2016 | Jan 17, 2017 | Oct 26, 2016 | $0.32 | normal |
| Sep 22, 2016 | Oct 17, 2016 | Jul 27, 2016 | $0.32 | normal |
| Jun 23, 2016 | Jul 15, 2016 | Apr 27, 2016 | $0.32 | normal |
| Mar 22, 2016 | Apr 15, 2016 | Feb 17, 2016 | $0.3 | normal |
Portland General Electric's payout ratio of 76.7% is above the Utilities sector and the industry average but below its peers average. Compared to its Utilities sector average of 65.1%, Portland General Electric's payout ratio is 18% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HE Hawaiian Electric Industries Inc | 11.56% | $1.43 | 68.4% |
| AVA Avista Corp | 5.63% | $1.82 | 93.3% |
| POR Portland General Electric Co | 4.49% | $1.86 | 76.7% |
| EIX Edison International | 4.46% | $2.91 | 117% |
| PPL PPL Corp | 3.95% | $0.95 | 90.9% |
| XEL Xcel Energy Inc | 3.58% | $2.05 | 64.6% |
| IDA Idacorp Inc | 3.35% | $3.16 | 58.6% |
| PNM Pnm Resources Inc | 3.26% | $1.45 | 52.3% |
Yes, Portland General Electric has been paying dividends for the last 17 years.
POR hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in December 2023.
Portland General Electric's last regular dividend was on Sep 22, 2023 (ex-date) with the amount of $0.475 per share.
POR's annualized dividend per share is $1.86.
Portland General Electric's current dividend yield is 4.37%.
Portland General Electric has a quarterly dividend frequency.
The dividend payout ratio of Portland General Electric is 76.7%.
Portland General Electric's dividend yield is more than the Utilities sector average.