OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural gas liquids in the United States. The company generates, transmits, distributes, and sells electric energy. It provides retail electric service to approximately 879,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. As of December 31, 2021, the company owned and operated interconnected electric generation, transmission, and distribution systems, including 16 generating stations with an aggregate capability of 7,207 megawatts; and transmission systems comprising 54 substations and 5,122 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas. Its distribution systems included 350 substations; 29,494 structure miles of overhead lines; 3,365 miles of underground conduit; and 11,125 miles of underground conductors in Oklahoma, as well as 29 substations, 2,795 structure miles of overhead lines, 349 miles of underground conduit, and 662 miles of underground conductors in Arkansas. The company was founded in 1902 and is based in Oklahoma City, Oklahoma.
OGE Energy Dividend Announcement
• OGE Energy announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-07
• OGE Energy annual dividend for 2024 was $1.68
• OGE Energy annual dividend for 2023 was $1.66
• OGE Energy's trailing twelve-month (TTM) dividend yield is 3.89%
• OGE Energy's payout ratio for the trailing twelve months (TTM) is 87.08%
• OGE Energy's dividend growth over the last five years (2018-2023) was 4.03% year
• OGE Energy's dividend growth over the last ten years (2013-2023) was 2.86% year
OGE Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-07 | $0.42 | quarterly | 2024-10-25 |
2024-07-08 | $0.42 | quarterly | 2024-07-26 |
2024-04-05 | $0.42 | quarterly | 2024-04-26 |
2024-01-05 | $0.42 | quarterly | 2024-01-26 |
2023-10-06 | $0.42 | quarterly | 2023-10-27 |
2023-07-07 | $0.41 | quarterly | 2023-07-28 |
2023-04-06 | $0.41 | quarterly | 2023-04-28 |
2023-01-06 | $0.41 | quarterly | 2023-01-27 |
2022-10-07 | $0.41 | quarterly | 2022-10-28 |
2022-07-08 | $0.41 | quarterly | 2022-07-29 |
2022-04-08 | $0.41 | quarterly | 2022-04-29 |
2022-01-07 | $0.41 | quarterly | 2022-01-28 |
2021-10-08 | $0.41 | quarterly | 2021-10-29 |
2021-07-09 | $0.40 | quarterly | 2021-07-30 |
2021-04-09 | $0.40 | quarterly | 2021-04-30 |
2021-01-08 | $0.40 | quarterly | 2021-01-29 |
2020-10-09 | $0.40 | quarterly | 2020-10-30 |
2020-07-09 | $0.39 | quarterly | 2020-07-30 |
2020-04-08 | $0.39 | quarterly | 2020-04-30 |
2020-01-09 | $0.39 | quarterly | 2020-01-30 |
2019-10-09 | $0.39 | quarterly | 2019-10-30 |
2019-07-09 | $0.36 | quarterly | 2019-07-30 |
2019-04-09 | $0.36 | quarterly | 2019-04-30 |
2019-01-09 | $0.36 | quarterly | 2019-01-30 |
2018-10-09 | $0.36 | quarterly | 2018-10-30 |
2018-07-09 | $0.33 | quarterly | 2018-07-30 |
2018-04-09 | $0.33 | quarterly | 2018-04-30 |
2018-01-09 | $0.33 | quarterly | 2018-01-30 |
2017-10-06 | $0.33 | quarterly | 2017-10-30 |
2017-07-06 | $0.30 | quarterly | 2017-07-28 |
2017-04-06 | $0.30 | quarterly | 2017-04-28 |
2017-01-06 | $0.30 | quarterly | 2017-01-30 |
2016-10-06 | $0.30 | quarterly | 2016-10-28 |
2016-07-06 | $0.28 | quarterly | 2016-07-29 |
2016-04-06 | $0.28 | quarterly | 2016-04-29 |
2016-01-06 | $0.28 | quarterly | 2016-01-29 |
2015-10-07 | $0.28 | quarterly | 2015-10-30 |
2015-07-08 | $0.25 | quarterly | 2015-07-30 |
2015-04-08 | $0.25 | quarterly | 2015-04-30 |
2015-01-07 | $0.25 | quarterly | 2015-01-30 |
2014-10-08 | $0.25 | quarterly | 2014-10-30 |
2014-07-08 | $0.23 | quarterly | 2014-07-30 |
2014-04-08 | $0.23 | quarterly | 2014-04-30 |
2014-01-08 | $0.23 | quarterly | 2014-01-30 |
2013-10-08 | $0.21 | quarterly | 2013-10-30 |
2013-07-09 | $0.21 | quarterly | 2013-07-30 |
2013-04-08 | $0.42 | quarterly | 2013-04-30 |
2013-01-08 | $0.42 | quarterly | 2013-01-30 |
OGE Energy Dividend per year
OGE Energy Dividend growth
OGE Energy Dividend Yield
OGE Energy current trailing twelve-month (TTM) dividend yield is 3.89%. Interested in purchasing OGE Energy stock? Use our calculator to estimate your expected dividend yield:
OGE Energy Financial Ratios
OGE Energy Dividend FAQ
Other factors to consider when evaluating OGE Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: OGE Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, OGE Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, OGE Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from OGE Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: OGE Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, OGE Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: OGE Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of OGE Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review OGE Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.