OGE Energy (OGE) Declares $0.25 Quarterly Dividend; 3.2% Yield
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Addressing shareholders, Delaney says OGE is well positioned for continued dividend growth
May 14, 2015 12:05 PM EDTOKLAHOMA CITY, May 14, 2015 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) Chairman and CEO Pete Delaney today told shareholders gathered for the company's annual meeting that 2014 was another successful year. Consolidated earnings were up to $1.98 compared to $1.94 in 2013, and cash distributions from Enable Midstream, LP, were $144 million in 2014. In addition, OG&E received a consecutive win in J.D. Power and Associates' Electric Utility Residential Customer Satisfaction Study.
"We remain on sound financial footing and are well positioned to deliver on a 10 percent annual dividend growth rate through 2019," Delaney said. "That,... More
