SmarterDividends
IncreaseBy SmarterDividends Research · Jun 30, 2026

Portland General Electric Raises Quarterly Dividend

Portland General Electric increased its quarterly dividend to $0.551 per share, extending its dividend-growth streak to 19 years.

PORPOR Portland General Electric Company
Portland General Electric Raises Quarterly Dividend

Portland General Electric Company raised its quarterly dividend to $0.551 per share from $0.525, a 4.95% increase, according to locked dividend data for the June 25, 2026 ex-dividend date.

The increase extends the utility’s dividend-growth streak to 19 consecutive years. Based on the locked data, Portland General Electric’s annual dividend per share is $2.13, implying a forward annual yield of 4.07% at a share price of $52.20.

Portland General Electric, traded under ticker POR, is a Portland, Oregon-based public utility that generates, transmits and distributes electricity and is regulated by the Oregon Public Utility Commission, according to the company background summarized by Wikipedia. Investor’s Business Daily has described the company as operating exclusively in Oregon, with demand tied partly to large industrial customers including semiconductor manufacturers and data centers, a backdrop relevant to utility load growth and capital planning.

The company sits in the Utilities sector, a group where dividends are often supported by regulated earnings frameworks but can also be affected by capital-spending needs, rate cases, financing costs and regional operating risks. For Portland General Electric, the dividend increase comes alongside a locked dividend safety score of 84 out of 100, or an A grade.

What it means for income investors

For income-focused holders, the action raises the recurring quarterly cash payment while preserving Portland General Electric’s multi-year pattern of annual dividend growth. The new rate also keeps the stock positioned as a higher-yielding utility based on the locked forward yield.

The key income question is sustainability rather than headline growth. A utility dividend generally depends on the balance between regulated cash flows, capital investment requirements and financing conditions. Portland General Electric’s A safety grade is a favorable signal in the locked data, but investors tracking the payout will likely continue to watch earnings coverage, regulatory outcomes in Oregon and the company’s funding needs as it serves a growing and power-intensive regional customer base.

See POR's full dividend profile

Yield, payout, safety score, history and the next ex-dividend date.

View POR