Portland General Electric Dividend Update: Insights and Key Dates Before Ex-Dividend on Jun 24, 2025

Generated by AI AgentAinvest Dividend Digest
Friday, Jun 20, 2025 7:09 pm ET1min read
Portland General Electric has announced a dividend of $0.525 per share, with the ex-dividend date set for Jun 24, 2025, and the dividend payout scheduled for Jul 15, 2025. This dividend marks an increase compared to the company's average dividend per share of $0.330, based on the last ten payouts. The announcement date for this dividend was Apr 18, 2025. The last dividend payment by the company was on Apr 15, 2025, with a dividend of $0.500 per share. Both dividends are categorized as cash dividends. This upward trend in dividends reflects the company's strong financial position and commitment to rewarding shareholders.

Recently, has been actively updating its clean energy plan to meet expanded capacity needs. Over the past week, the company submitted a regulatory filing to the Public Utility Commission of Oregon, updating its 2023 clean energy plan. Analysts indicate that this move is part of the company's strategic efforts to enhance its sustainability initiatives and align with state regulations.

As of late, Portland General Electric hit a new 52-week low in stock price during trading. This development, occurring on Jun 20, 2025, has drawn attention to the company’s market performance and is being closely monitored by investors. The company's stock reached a new low amidst a backdrop of broader market fluctuations, highlighting the challenges faced by the utility sector.

Since the last update, Portland General Electric has presented its final investor presentation for Jun 2025. The report includes the company's financial performance for 2024, with revenue reported at $3.4 billion and diluted earnings per share at $3.01 GAAP and $3.14 adjusted. This financial disclosure underscores the company's robust business fundamentals, providing insights into its operational health and strategic plans moving forward.

In conclusion, Portland General Electric's upcoming ex-dividend date on Jun 24, 2025, is crucial for investors seeking to benefit from the latest dividend payout. Any stock purchases made after this date will not qualify for the current dividend, making timely investment decisions essential for those interested in capitalizing on the company's dividend.

Comments



Add a public comment...
No comments

No comments yet