This Under-$55 Utility Stock Could Be Your Ticket to Passive-Income Freedom

Published July 20, 2026 · Category: Finance

Overview

If you're searching for reliable income at a reasonable price, look no further than Portland General Electric (NYSE: POR). Shares of the Pacific Northwest utility business are currently trading in the low $50s, but the stock offers a strong dividend and steady growth. Even better, its valuation is quite reasonable at a time when many utilities and energy stocks are becoming more expensive.

Portland General Electric's quarterly dividend currently pays $0.55 per share. This amounts to a yield that is slightly above 4%. That's higher than the broader market average and competitive within the utility sector. Meanwhile, the company's forward price-to-earnings (P/E) ratio of about 14 is below the sector average of roughly 23.

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Originally published at www.fool.com.

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