OGE Energy Corp. announces dividend increase
Annual dividend amount increased 7.8%
OKLAHOMA CITY, Dec. 4, 2013 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) announced today that its Board of Directors has approved an increase in the company's annual dividend by $0.065 to $0.90 per share from $0.835 per share.
The increase is effective with the first-quarter 2013 dividend of $0.225 per common share of stock, to be paid Jan. 30, 2014, to shareowners of record Jan. 10, 2014. The company has paid quarterly dividends uninterrupted for the past 67 years.
"We are pleased to be able to increase our dividend growth rate," said Pete Delaney, chairman 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 serving approximately 805,000 customers in Oklahoma and western Arkansas. In addition, OGE holds 28.5 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: |
$0.225 |
RECORD DATE: |
01/10/14 |
PAYMENT DATE: |
01/30/14 |
SOURCE OGE Energy Corp.
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