Business & Finance
Business and Finance
Business and Finance
Fri, December 2, 2011
Thu, December 1, 2011 
OGE Energy Corp. Announces Dividend Increase -- OKLAHOMA CITY, Dec. 1, 2011 /PRNewswire/ --
OGE Energy Corp. Announces Dividend Increase
Annual dividend amount increased $0.07 per share
OKLAHOMA CITY, Dec. 1, 2011 /PRNewswire/ -- OGE Energy Corp. (NYSE: [ OGE ]) announced today that its Board of Directors has approved an increase in the company's annual dividend to $1.57 per share from $1.50 per share.
The increase is effective with the first-quarter 2012 dividend of $0.3925 per common share of stock, to be paid Jan. 30, 2012, to shareholders of record Jan. 10, 2012. The company has paid quarterly dividends uninterrupted for the past sixty-four years.
"We recognize that a large number of our shareowners depend on dividends for a portion of their income, so we are pleased to announce an increase in our annual dividend," said Pete Delaney, chairman, president and CEO of OGE Energy.
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.
CLASS OF STOCK: | OGE Energy Corp. Common |
DIVIDEND PER SHARE: |
$0.3925 |
RECORD DATE: | 01/10/12 |
PAYMENT DATE: |
01/30/12 |
SOURCE OGE Energy Corp.
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