OGE Energy (OGE) Declares $0.365 Quarterly Dividend, 3.6% Yield; Appoints David E. Rainbolt to Board

OGE Energy (NYSE: OGE) declared a quarterly dividend of $0.365 per share, or $1.46 annualized.

The dividend will be payable on January 30, 2019, to stockholders of record on January 10, 2019, with an ex-dividend date of January 9, 2019.

The annual yield on the dividend is 3.6 percent.

For a dividend history and other dividend-related data on OGE Energy (OGE) click here.

BOARD of DIRECTORS APPOINTMENT

The company also announced that David E. Rainbolt has been appointed to the company's board of directors and as a member of its audit committee, effective Jan. 1, 2019.

Rainbolt's term will expire at the company's annual shareholders' meeting on May 16, 2019, at which time he will stand for re-election by the company's shareholders.

Rainbolt, 62, is the Executive Chairman of BancFirst Corporation, having previously served for 25 years as its Chief Executive Officer. He has served in an executive leadership capacity throughout most of his 40-year career, specifically focused in acquisitions and corporate finance. Rainbolt has also chaired a number of community, charitable, professional and governmental boards and associations, receiving numerous awards for his service.

"We are excited to have such a recognized leader as David join the OGE board. His executive and board leadership experience, combined with his background in corporate finance complements our director leadership," said OGE Energy Corp. Chairman, President and Chief Executive Officer Sean Trauschke. "Moreover, his long history of dedication to our communities aligns well with our core value of public service."

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