Portland General Electric: Small-Cap Dividend Gem

Ray Merola
14.3K Followers

Summary

  • Portland General Electric is a well-managed regulated utility company sporting a 4.6% dividend yield and 6% historical dividend growth. The company projects solid forward power demand and EPS growth.
  • I believe the stock is inexpensive on valuation, in part due to being painted with the same risk-on brush as California utilities affected by wildfires. It isn't.
  • Small-cap Portland General appears to offer superior asymmetrical risk - reward, making it a potential investment gem.

Electricity pilon

D-Keine

In this article, I outline for you why I believe small-cap Portland General Electric (POR) may represent an investment gem: a "find" one uncovers along his / her investment journey.

Investment Thesis

  • As a regulated utility, Portland General trades off electric

This article was written by

14.3K Followers
Individual investor focused upon a limited number of diversified stocks. Seeks stocks selling below fair value estimates; favors dividend growth and/or income. Advocates fundamental investment analysis, supplemented by the technical charts. Options strategies primarily employed to generate additional income or hedge risk. If interested, you may find out more about my investment philosophy in the I.S.S. (Investment Strategy Statement) found in my listing of published articles or via this link: Investment Strategy Statement - Ray Merola | Seeking Alpha

Analyst’s Disclosure:I/we have a beneficial long position in the shares of POR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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