portion vs dole out

portion is a noun but dole out is not a noun.

Word	Noun	Adjective	Verb	Adverb
portion	Yes	No	Yes	No
dole out	No	No	Yes	No

As verbs, dole out is a hypernym of portion; that is, dole out is a word with a broader meaning than portion:

Other hypernyms of portion include administer, allot, deal, deal out, dish out, dispense, distribute, lot, mete out, parcel out, shell out.

portion (noun)	dole out (noun)
the allotment of some amount by dividing something
something less than the whole of a human artifact
an individual quantity of food or drink taken as part of a meal
assets belonging to or due to or contributed by an individual person or group
money or property brought by a woman to her husband at marriage
something determined in relation to something that includes it
your overall circumstances or condition in life (including everything that happens to you)

portion (verb)	dole out (verb)
give out	administer or bestow, as in small portions