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OGE Energy (OGE Energy) 3-Year Dividend Growth Rate

: 2.10% (As of Dec. 2023)
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OGE Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.42.

The historical rank and industry rank for OGE Energy's 3-Year Dividend Growth Rate or its related term are showing as below:

OGE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.1   Med: 4.3   Max: 64
Current: 2.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of OGE Energy was 64.00% per year. The lowest was -9.10% per year. And the median was 4.30% per year.

OGE's 3-Year Dividend Growth Rate is ranked worse than
64.51% of 293 companies
in the Utilities - Regulated industry
Industry Median: 5 vs OGE: 2.10

During the past 12 months, OGE Energy's average Dividends Per Share Growth Rate was -19.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

OGE Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.91. As of today, OGE Energy's Dividend Yield % is 4.88%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of OGE Energy Corp is 0.84, which seems too high.

Warning Sign:

OGE Energy Corp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Electric subindustry, OGE Energy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OGE Energy 3-Year Dividend Growth Rate Distribution

For the Utilities - Regulated industry and Utilities sector, OGE Energy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where OGE Energy's 3-Year Dividend Growth Rate falls into.



OGE Energy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


OGE Energy  (NYSE:OGE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

OGE Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.418/ 0.219
=1.91

During the past 13 years, the highest Dividend Payout Ratio of OGE Energy was 0.98. The lowest was 0.32. And the median was 0.69.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of OGE Energy Corp is 0.84, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

OGE Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4182024-04-052024-04-082024-04-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.4182024-01-052024-01-082024-01-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.4182023-10-062023-10-102023-10-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.4142023-07-072023-07-102023-07-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

OGE Energy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.668/34.115
=4.89 %

Current Share Price is $34.115.
OGE Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.668.

During the past 13 years, the highest Dividend Yield of OGE Energy was 6.20%. The lowest was 1.60%. And the median was 3.55%.

Warning Sign:

OGE Energy Corp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OGE Energy 3-Year Dividend Growth Rate Related Terms>


OGE Energy (OGE Energy) Business Description

Traded in Other Exchanges
Address
321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution to 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold is retail gas business in 1928 and no longer has any gas operations.
Executives
David L Hauser director 704-731-1522, CHARLOTTE NC 28209-4674
Cathy R. Gates director C/O TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
David E Rainbolt director C/O BANCFIRST CORP, 100 N BROADWAY, OKLAHOMA CITY OK 73102
Whitfield Johnny W Jr officer: VP Bus Intel, Supp Chain-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
Keith E Erickson officer: VP Sales & Cust Oper (OG&E) PO BOX 321, OKLAHOMA CITY OK 73101
Cristina F Mcquistion officer: VP Process & Perf Improvement P.O. BOX 321, OKLAHOMA CITY OK 73101
Patricia D Horn officer: VP-Gov, Env; Corp Sec PO BOX 321, OKLAHOMA CITY OK 73101
David A Parker officer: VP- Tech, Data, Security-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
Kissam Luther C Iv director 3801 BERESFORD ROAD, CHARLOTTE NC 28211
Christine Ostendorf Woodworth officer: VP- Corp Com Brand & Marketing C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
J. Michael Sanner director 3701 STONEHURST, JONES OK 73049
Scott A Briggs officer: VP- Human Resources-OG&E PO BOX 321, OKLAHOMA CITY OK 73103
Robert J Burch officer: VP- Utility Technical Services PO BOX 321, OKLAHOMA CITY OK 73101
Matthew J Schuermann officer: VP- Power Supply Ops-OG&E PO BOX 321, OKLAHOMA CITY OK 73101
William Bryan Buckler officer: Chief Financial Officer C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73103