OGE Energy (OGE Energy) Dividend Payout Ratio

: 1.91 (As of Dec. 2023)

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OGE Energy's dividend payout ratio for the months ended in Dec. 2023 was 1.91.

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.

The historical rank and industry rank for OGE Energy's Dividend Payout Ratio or its related term are showing as below:

OGE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.69 Max: 0.98
Current: 0.84

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.

OGE's Dividend Payout Ratio is ranked worse than
82.07% of 368 companies
in the Utilities - Regulated industry
Industry Median: 0.535 vs OGE: 0.84

As of today (2024-04-18), the Dividend Yield % of OGE Energy is 5.02%.

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

OGE Energy's Dividends per Share for the months ended in Dec. 2023 was $0.42.

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.

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.

The growth rate is calculated with least square regression.

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

OGE Energy Dividend Payout Ratio Historical Data

The historical data trend for OGE Energy's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

OGE Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.69

0.44

0.98

0.84

OGE Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																1.66	2.42	0.99	0.35	1.91

Competitive Comparison

For the Utilities - Regulated Electric subindustry, OGE Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, OGE Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where OGE Energy's Dividend Payout Ratio falls into.

OGE Energy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.665	/	1.985
	=	0.84

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

OGE Energy (NYSE:OGE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

OGE Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of OGE Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

OGE Energy (OGE Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OGE Energy Corp (NYSE:OGE) » Definitions » Dividend Payout Ratio

Comparable Companies

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Traded in Other Exchanges

OG5:Germany

Address

321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321

Website

https://www.ogeenergy.com

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