Portland Gen Electric's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Portland Gen Electric (NYSE:POR) has announced a quarterly dividend of 47.5 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 47.5 cents lower to reflect the payout. Shareholders owning the stock prior to the ex-dividend date are eligible for the dividend, which will be paid out on October 16, 2023.
September 19, 2023 | 2:45 pm
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Portland Gen Electric's stock price is expected to open lower on the ex-dividend date due to the dividend payout. The dividend will be paid out on October 16, 2023.
The stock price is expected to decrease by the amount of the dividend on the ex-dividend date. This is a common occurrence as the stock price adjusts to reflect the payout. Investors who own the stock prior to the ex-dividend date are eligible for the dividend.
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