OGE Energy Corp. increases annual dividend to $1.33 per share
Increase consistent with long-term dividend growth target
OKLAHOMA CITY, Sept. 26, 2017 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) announced today that its Board of Directors has approved an increase in the company's quarterly dividend to $0.3325 per share from $0.3025 per share. That represents a 10 percent increase and equates to $1.33 per share annually.
The increase is effective with the fourth quarter 2017 dividend and will be paid Oct. 30, 2017, to shareholders of record Oct. 10, 2017.
"We are pleased to reaffirm our commitment to a 10-percent dividend growth annually through 2019," said Sean Trauschke, Chairman, President and CEO of OGE Energy.
OGE Energy is the parent company of OG&E, a regulated electric utility serving approximately 840,000 customers in Oklahoma and Western Arkansas. In addition, OGE holds 25.7 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP.
CLASS OF STOCK: | OGE Energy Corp. Common |
DIVIDEND PER SHARE: | $0.3325 |
RECORD DATE: | 10/10/17 |
PAYMENT DATE: | 10/30/17 |
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SOURCE OGE Energy Corp.
