Dividend Growth of Portland General Electric Company(POR)

Portland General Electric Company(POR) is having a Dividend Yield of 2.97% with the Annual cash Dividend per share of $1.26. The last quarter cash dividend per share pay out was $0.32. Portland General Electric Company has a 5 year average dividend yield of 3.45% and the stock has a Indicated annual dividend of $1.28. Portland General Electric Company(POR) formally announced its most recent dividend on October 27, 2016 with a Dividend per share of $0.32. The new indicated annual dividend based on announced dividend per share is $1.28. The dividend yield based on the forward looking indicated annual dividend is 2.97%. Portland General Electric Company(POR) has the most recent dividend payout ratio of 0.62 with a 5-year average payout ratio of 0.57. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.05. The 5 year historical dividend growth of Portland General Electric Company(POR) is at the rate of 4.01% while the R-Squared dividend growth is 0.87. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Portland General Electric Company (NYSE:POR) rose 0.46% or 0.2 points on Thursday and made its way into the gainers of the day. After trading began at $43.02 the stock was seen hitting $43.39 as a peak level and $42.99 as the lowest level. The stock ended up at $43.23. The daily volume was measured at 602,419 shares. The 52-week high of the share price is $45.21 and the 52-week low is $37.04. The company has a market cap of $3,844 million. Portland General Electric Company has lost 0.94% in the last five trading days and dropped 1.41% in the last 4 weeks. Portland General Electric Company is up 4.33% in the last 3-month period. Year-to-Date the stock performance stands at -0.23%.

Currently the company Insiders own 0.47% of Portland General Electric Company shares according to the proxy statements. Institutional Investors own 94.37% of Portland General Electric Company shares. Company has reported several Insider transactions to the SEC, on May 10, 2016, Maria M Pope (Sr. Vice President) sold 13,500 shares at 41.60 per share price.On Nov 3, 2015, William O Nicholson (Sr. Vice President) sold 5,700 shares at 36.69 per share price.On Sep 3, 2015, James F Lobdell (Sr. Vice President, CFO) sold 8,955 shares at 33.47 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Portland General Electric Company was Upgraded by JP Morgan to Neutral on Dec 16, 2016. Portland General Electric Company was Downgraded by BofA/Merrill to Underperform on Nov 22, 2016.

Portland General Electric Company Last issued its quarterly earnings results on Oct 28, 2016. The company reported $0.38 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.41. The company had revenue of $484.00 million for the quarter, compared to analysts expectations of $473.00 million. The companys revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Portland General Electric, headquartered in Portland, Ore., is a vertically integrated electric utility that serves residential, commercial and industrial customers in Oregon. The company has more than a century of experience in power delivery. PGE generates power from a diverse mix of resources, including hydropower, coal and natural gas. PGE also participates in the wholesale market by purchasing and selling electricity and natural gas to utilities and energy marketers.


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