“According to the general agreement among financial experts in the sector, OGE Energy will likely generate earnings of $2.07 per share over the course of the subsequent calendar year. Given that the predicted future payout ratio is 80.2%, this suggests that the company will have adequate funds to cover its annual dividend payment of $1.66.”
Third quarter earnings increased as of the end of September and at t he time, the company said OG&E was projected to earn $417 million to $425 million or $2.08 to $2.12 per average diluted share.
At the end of the third quarter, OGE Energy Corp. Chairman, President and CEO, Sean Trauschke issued a statement saying, “We are sensitive to the impacts the inflationary environment is having on all of us, including our customers and the communities we serve. Our continued infrastructure investments and program offerings provide customers more reliable, resilient and secure electricity and allows them to better manage their energy usage and monthly bill.”
Below is the history of OGE’s dividends issued since 2020: