Earn Dependable Dividends With Portland General Electric Company

Stop me if you’ve heard this one before…

A high-yield regional utility company that’s been in business for over 100 years and rewards its shareholders with reasonable dividend growth while also trading at a modest valuation.

Portland General Electric Company ($POR) won’t win any awards for originality.

But, it is a dependable, and essential, service provider that could put quarterly dividends into your pocket. And in today’s article, we’ll look at what Portland General Electric Company does and whether or not it’s a good investment.

Portland General Electric Company Overview And Analysis

As the name suggests, Portland General Electric Company is an electric utility. And the business provides power to over 934,000 customers across 51 cities in the state of Oregon.

Portland General Electric has been in business for over 130 years. And, the company has steadily grown their dividend every year for the past 17 years.

When it comes to future dividend income, Portland General Electric forecasts consistent 5–7% long-term annual dividend growth. And this is in-line with what the company has already been doing. Portland General Electric has a current 5-year…