Portland General Electric (POR) Dividend
Portland General Electric Company · Utilities · Utilities - Regulated Electric · quarterly payer
As of Nov 8, 2026, Portland General Electric (POR) pays a quarterly dividend of $0.5510 per share, or $2.21 a year, a 4.80% yield at its $45.95 share price. The next ex-dividend date is Dec 22, 2026, paid Jan 15, 2027. It has raised its dividend 19 years in a row and has a dividend safety grade of A.
Forward Yield
4.80%
Annual Dividend
$2.21
Payout Ratio
92%
5-Yr Growth
5.5%
Ex-Date
Dec 22, 2026
Frequency
Quarterly
Key facts about POR's dividend
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Portland General Electric Company (POR) has a forward dividend yield of 4.80%, based on an annual dividend of $2.21 per share and a share price of $45.95.
- As of Nov 8, 2026, POR's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Portland General Electric Company (POR) has raised its dividend for 19 consecutive years as of Nov 8, 2026.
- POR has never cut its regular dividend in the payment history SmarterDividends has on record.
- POR's next ex-dividend date is Dec 22, 2026, with payment on Jan 15, 2027. Shares must be owned before that date to receive the dividend.
- As of Nov 8, 2026, POR pays out 92% of its trailing 12-month earnings as dividends (its payout ratio).
- POR's dividend has grown at an average rate of 5.5% a year over the past five years.
- As of Nov 8, 2026, POR's 4.80% yield is 18% above its five-year average yield of 4.08%.
- As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for POR is $56.49 per share, 23% above the $45.95 share price, so POR screens as undervalued.
- Portland General Electric Company (POR) pays its dividend quarterly, 4 times a year.
- Portland General Electric Company (POR) has raised its regular dividend 20 times and cut it 0 times across the 81 payments on record since 2006. Its most recent change was a 5.0% increase to $0.551 per share, going ex-dividend on Jun 25, 2026.
- Portland General Electric (POR) has declared its first higher dividend of the year in April in 5 of the last 5 years; its most recent raise, 5.0%, was declared on Apr 24, 2026.
Cite this page
SmarterDividends, "POR Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/POR
Is POR a good dividend stock?
YesPortland General Electric Company (POR) pays a quarterly dividend yielding 4.80% ($2.21/yr), with 19 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 19 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 5.5% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Elevated payout ratio (92%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.80%
- Payout Ratio
- 92%
- Annual Dividend
- $2.21
- 5-Yr Avg Growth
- 5.5%
- Ex-Dividend Date
- Dec 22, 2026
- Years of Growth
- 19
- Frequency
- quarterly
- Beta
- 0.50
- Market Cap
- $5.5B
- P/E Ratio
- 19.6
- 5-Yr Total Return
- -6%
- 52-Week Range
- $43.26 – $54.62
- Dividend Safety
- A · 82/100
- Ever Cut?
- No
POR dividend raises and cuts
Portland General Electric Company (POR) has raised its regular dividend 20 times and cut it 0 times across the 81 payments on record since 2006. Its most recent change was a 5.0% increase to $0.551 per share, going ex-dividend on Jun 25, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 25, 2026 | Raise | $0.525 → $0.551 | +5.0% |
| Jun 24, 2025 | Raise | $0.500 → $0.525 | +5.0% |
| Jun 24, 2024 | Raise | $0.475 → $0.500 | +5.3% |
| Jun 23, 2023 | Raise | $0.453 → $0.475 | +4.9% |
| Jun 24, 2022 | Raise | $0.430 → $0.453 | +5.3% |
| Jun 24, 2021 | Raise | $0.408 → $0.430 | +5.4% |
| Sep 24, 2020 | Raise | $0.385 → $0.408 | +6.0% |
| Jun 24, 2019 | Raise | $0.363 → $0.385 | +6.1% |
| Jun 22, 2018 | Raise | $0.340 → $0.363 | +6.8% |
| Jun 22, 2017 | Raise | $0.320 → $0.340 | +6.3% |
| Jun 23, 2016 | Raise | $0.300 → $0.320 | +6.7% |
| Jun 23, 2015 | Raise | $0.280 → $0.300 | +7.1% |
Show all 20 changes since 2007
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 23, 2014 | Raise | $0.275 → $0.280 | +1.8% |
| Jun 21, 2013 | Raise | $0.270 → $0.275 | +1.9% |
| Jun 21, 2012 | Raise | $0.265 → $0.270 | +1.9% |
| Jun 22, 2011 | Raise | $0.260 → $0.265 | +1.9% |
| Jun 23, 2010 | Raise | $0.255 → $0.260 | +2.0% |
| Jun 23, 2009 | Raise | $0.245 → $0.255 | +4.1% |
| Jun 23, 2008 | Raise | $0.235 → $0.245 | +4.3% |
| Jun 21, 2007 | Raise | $0.225 → $0.235 | +4.4% |
Frequently Asked Questions
Is POR a good dividend stock?
Yes. Portland General Electric Company (POR) pays a quarterly dividend yielding 4.80% ($2.21/yr), with 19 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is POR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, POR's fair value is about $56.49 versus a $45.95 share price — so it looks undervalued (+23% vs. fair value).
Is POR's dividend safe?
POR has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 19-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is POR's fair value?
Our blended fair-value estimate for POR is about $56.49 per share, roughly 23% above the current $45.95 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is POR a buy, hold, or sell?
We don't issue formal ratings, but on the data POR screens as "yes" and undervalued. Portland General Electric Company (POR) pays a quarterly dividend yielding 4.80% ($2.21/yr), with 19 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will POR cut its dividend?
POR earns a dividend-safety grade of A (82/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does POR pay a dividend?
Yes. Portland General Electric Company pays a quarterly dividend of about $2.21 per share annually, a forward yield of roughly 4.80%.
How much dividend does 100 shares of POR pay?
At $2.21 per share a year, 100 shares of POR pay $221.00 a year in dividends before tax, about $55.25 each quarter. Buying them costs about $4,595 at the Nov 8, 2026 price.
What is POR's dividend yield?
As of Nov 8, 2026, POR's forward dividend yield is 4.80%, based on a $2.21 annual dividend and a $45.95 share price.
What is POR's dividend per share?
As of Nov 8, 2026, POR pays $2.21 per share per year, distributed on a quarterly basis.
What is POR's dividend payout ratio?
As of Nov 8, 2026, POR's payout ratio is 92% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has POR grown its dividend?
As of Nov 8, 2026, POR has increased its dividend for 19 consecutive years.
When is the next POR ex-dividend date?
As of Nov 8, 2026, the next ex-dividend date on record for POR is Dec 22, 2026.
POR Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
+12%
5 Years
-6%
52-Week Range
$43.26 – $54.62
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is POR worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Portland General Electric Company is $56.49 per share, versus a market price of $45.95. That implies 23% of upside — a margin of safety of about 19%.
Fair Value
$56.49
Current Price
$45.95
Upside
+23%
Margin of Safety
19%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 8.5% growth for five years fading to 2.5% over the next five, $2.34 EPS, $2.21 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
POR Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full POR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 25, 2026 | Oct 15, 2026 | $0.5510 | regular |
| Jun 25, 2026 | Jul 15, 2026 | $0.5510 | regular |
| Mar 23, 2026 | Apr 15, 2026 | $0.5250 | regular |
| Dec 22, 2025 | Jan 15, 2026 | $0.5250 | regular |
| Sep 25, 2025 | Oct 15, 2025 | $0.5250 | regular |
| Jun 24, 2025 | Jul 15, 2025 | $0.5250 | regular |
| Mar 24, 2025 | Apr 15, 2025 | $0.5000 | regular |
| Dec 24, 2024 | Jan 15, 2025 | $0.5000 | regular |
| Sep 24, 2024 | Oct 15, 2024 | $0.5000 | regular |
| Jun 24, 2024 | Jul 15, 2024 | $0.5000 | regular |
| Mar 21, 2024 | Apr 15, 2024 | $0.4750 | regular |
| Dec 22, 2023 | Jan 15, 2024 | $0.4750 | regular |
| Sep 22, 2023 | Oct 16, 2023 | $0.4750 | regular |
| Jun 23, 2023 | Jul 17, 2023 | $0.4750 | regular |
Income Calculator
At $2.21 / yr per share
Similar Dividend Stocks
Compare POR
Explore more
Lists and tools related to POR
- Companies that raise dividends in April →
- Stocks that pay dividends in January →
- Undervalued dividend stocks →
- Safest dividend stocks →
- Utilities dividend stocks →
- POR dividend calculator →
- POR DRIP calculator →
- POR: last day to buy for the dividend →
- Embed POR dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →