OGE Energy (OGE) Raises Quarterly Dividend 9.8% to $0.3650; 4.1% Yield
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OGE Energy (NYSE: OGE) declared a quarterly dividend of $0.3650 per share, or $1.46 annualized. This is a 9.8% increase from the prior dividend of $0.3325.
The dividend will be payable on October 30, 2018, to stockholders of record on October 10, 2018, with an ex-dividend date of October 9, 2018.
The annual yield on the dividend is 4.1 percent.
"I'm pleased to say that with this increase, we have honored our commitment to our shareholders to increase our dividend by 10 percent per year for the past five years, which leads our industry," said Sean Trauschke, Chairman, President and CEO of OGE Energy. "We've done so while investing more than $1 billion in our system and holding our rates essentially flat during that time. It's a testament to the hard work and dedication of our great people."
For a dividend history and other dividend-related data on OGE Energy (OGE) click here.
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