- Portland General Electric is a very stable dividend-paying utility with good growth prospects.
- 2020 was not kind to the company as riots in its hometown dented demand and possibly near-term population growth prospects as well.
- To make matters worse, the company lost almost a full year's worth of profit in bad energy bets on neighboring California.
- However, with those issues now subsiding, the company looks attractive and offers significant yield pickup, as the correlation between treasury and dividend yields broke down completely in 2020.
For further details see:
Portland General Electric: Attractive Yield After Energy Trading Mishap