Join        Login             Stock Quote

OGE Energy Corp. announces dividend increase

Wednesday, November 28, 2012 3:17 PM

Annual dividend amount increased $0.10 per share

OKLAHOMA CITY, Nov. 28, 2012 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) announced today that its Board of Directors has approved an increase in the company's annual dividend to $1.67 per share from $1.57 per share.

The increase is effective with the first-quarter 2013 dividend of $0.4175 per common share of stock, to be paid Jan. 30, 2013, to shareowners of record Jan. 10, 2013. The company has paid quarterly dividends uninterrupted for the past 65 years.

"We are pleased to be able to increase our dividend growth rate," said Pete Delaney, chairman, president and CEO of OGE Energy. "We understand the importance of consistent and growing dividends for our shareholders, many of whom count on dividends to supplement their income."

OGE Energy is the parent company of OG&E, a regulated electric utility, and of OGE Enogex Holdings LLC, a midstream natural gas pipeline business.


OGE Energy Corp. Common







SOURCE OGE Energy Corp.

(Source: PR Newswire )
(Source: Quotemedia)


Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.