Should You Buy Portland General Electric Company (NYSE:POR) Before Its Ex-Dividend?

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Portland General Electric Company (NYSE:POR) will begin trading ex-dividend on June 24, 2020. The quarterly dividend payment of $ 0.385 per share is scheduled to be paid on July 15, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on June 24, 2020.

Dividends History
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Stock Performance

According to the previous trading day, closing price of POR was $ 43.22, representing a 14.25 % increase from the 52 week low of $ 37.83 and a 31.48 % decrease over the 52 week high of $ 63.08.

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The company has a market capital of $ 3.87 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.

Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company operates seven thermal plants; seven hydroelectric plants; and two wind farms. As of December 31, 2018, it owned an electric transmission system consisting of 1,256 circuit miles, including 287 circuit miles of 500 kilovolt line, 410 circuit miles of 230 kilovolt line, and 561 miles of 115 kilovolt line.