Portland General Electric Company (NYSE:POR) Updates On Quarterly Dividend


As per Portland General Electric Company (NYSE:POR) statement on 2016-07-28, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.32 per share as dividend to stakeholders. The record date is set as 2016-09-26, the payout date as 2016-10-17 and the ex-dividend date is 2016-09-22.

Last fiscal Portland General Electric Company (NYSE:POR) disbursed cash dividend of $0.32. A year ago, the payout was $0.32, which indicates a difference of 5.8296%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.32, implying 2.657% growth.

For the period ended on 2015-12-31, Portland General Electric Company (NYSE:POR)’s earnings came at $0.42 per share compared to EPS of $0.4 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-25. For this quarter, the analysts have earnings estimate of $0.42 per share.

The interim price target for Portland General Electric Company (NYSE:POR) is set at $43.8. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Portland General Electric Company (NYSE:POR) is seen at $46 and the lowest level is established at $41. This broad range highlights a standard deviation of $2.167 in reported estimates.

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