OKLAHOMA CITY, Sept. 30, 2015 /PRNewswire/ -- OGE Energy Corp.
(NYSE: OGE) announced today that its Board of Directors has
approved an increase in the company's quarterly dividend to
$0.275 per share from $0.25 per share. That represents a 10 percent
increase and equates to $1.10 per
share annually.
The increase is effective with the fourth quarter 2015 dividend
and will be paid Oct. 30, 2015 to
shareholders of record Oct. 12,
2015.
"We are pleased to increase our dividend for the tenth
consecutive year and to reaffirm our commitment to a 10-percent
dividend growth annually through 2019," said Sean Trauschke, President and CEO of OGE Energy.
"We realize many of our shareholders count on our dividend for
income."
OGE Energy is the parent company of OG&E, a regulated
electric utility serving approximately 819,000 customers in
Oklahoma and Western Arkansas. In addition, OGE holds 26.3
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:
|
$0.275
|
|
RECORD
DATE:
|
10/12/15
|
|
PAYMENT
DATE:
|
10/30/15
|
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visit:http://www.prnewswire.com/news-releases/oge-energy-corp-increases-annual-dividend-to-110-per-share-300151744.html
SOURCE OGE Energy Corp.