PGE Declares $0.525 Quarterly Dividend

Utility's dividend reflects financial health and commitment to shareholders

Published on Feb. 14, 2026

Portland General Electric (PGE) announced a quarterly common stock dividend of $0.525 per share on February 13, 2026. The dividend declaration underscores the company's balanced approach to returning value to shareholders while investing in modernizing its infrastructure and adapting to changing customer needs in the evolving energy sector.

Why it matters

PGE's dividend policy is directly tied to its capital requirements and overall financial performance, with the company aiming for a long-term dividend payout ratio of 60 to 70%. This reflects PGE's commitment to supporting shareholder returns while also reinvesting in the business for future growth, as it navigates challenges and opportunities in the dynamic energy industry.

The details

The $0.525 per share dividend is payable on or before April 15, 2026, to shareholders of record as of March 23, 2026. PGE's recent investments include AI-powered flexibility to expedite data center connections, reflecting the growing demand for energy from this sector. However, utility watchdogs have accused PGE of potentially circumventing a new law designed to ensure data centers contribute to the rising costs associated with their energy consumption, highlighting the ongoing tension between supporting economic development and ensuring fair cost allocation.

  • PGE announced the quarterly dividend on February 13, 2026.
  • The dividend is payable on or before April 15, 2026, to shareholders of record as of March 23, 2026.

The players

Portland General Electric (PGE)

An integrated energy company serving nearly 960,000 customers in Oregon since 1889, focused on powering economies, delivering reliable electricity, and transforming energy systems.

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What’s next

The company's continued progress towards emissions reduction targets and its commitment to community involvement position it as a key player in Oregon's energy future.

The takeaway

PGE's dividend announcement reflects its balanced approach to supporting shareholder returns and reinvesting in the business, as it navigates the evolving energy landscape and addresses challenges such as the increasing demand from data centers and regulatory scrutiny.