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OGE

OGE Energy (OGE) Dividend

OGE Energy Corp. · Utilities · Utilities - Regulated Electric · quarterly payer

$50.73

Fairly valued · -0% Add to Portfolio

As of Nov 5, 2026, OGE Energy (OGE) pays a quarterly dividend of $0.4290 per share, or $1.72 a year, a 3.39% yield at its $50.73 share price. It pays every quarter, usually in January, April, July and October. It has raised its dividend 19 years in a row and has a dividend safety grade of A.

Forward Yield

3.39%

Annual Dividend

$1.72

Payout Ratio

64%

5-Yr Growth

1.5%

Ex-Date

Oct 5, 2026

Frequency

Quarterly

Key facts about OGE's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, OGE Energy Corp. (OGE) has a forward dividend yield of 3.39%, based on an annual dividend of $1.72 per share and a share price of $50.73.
  • As of Nov 5, 2026, OGE's dividend safety grade from SmarterDividends is A (92 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, OGE Energy Corp. (OGE) has raised its dividend for 19 consecutive years as of Nov 5, 2026.
  • OGE has never cut its regular dividend in the payment history SmarterDividends has on record.
  • OGE's most recent ex-dividend date was Oct 5, 2026, for a dividend of $0.43 per share.
  • As of Nov 5, 2026, OGE pays out 64% of its trailing 12-month earnings as dividends (its payout ratio).
  • OGE's dividend has grown at an average rate of 1.5% a year over the past five years.
  • As of Nov 5, 2026, OGE's 3.39% yield is 23% below its five-year average yield of 4.38%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for OGE is $50.65 per share, 0% below the $50.73 share price, so OGE screens as fairly valued.
  • OGE Energy Corp. (OGE) pays its dividend quarterly, 4 times a year.
  • OGE Energy Corp. (OGE) has raised its regular dividend 28 times and cut it 0 times across the 161 payments on record since 1973. Its most recent change was a 0.9% increase to $0.429 per share, going ex-dividend on Oct 5, 2026.
  • OGE Energy (OGE) has declared its first higher dividend of the year in September in 5 of the last 5 years; its most recent raise, 0.9%, was declared on Sep 22, 2026.
Cite this page

SmarterDividends, "OGE Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/OGE

Is OGE a good dividend stock?

Yes

OGE Energy Corp. (OGE) pays a quarterly dividend yielding 3.39% ($1.72/yr), with 19 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 19 consecutive years of dividend growth
  • Never cut its dividend on record
  • 44% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.39%
Payout Ratio
64%
Annual Dividend
$1.72
5-Yr Avg Growth
1.5%
Ex-Dividend Date
Oct 5, 2026
Years of Growth
19
Frequency
quarterly
Beta
0.47
Market Cap
$10.5B
P/E Ratio
19.1
5-Yr Total Return
44%
52-Week Range
$41.70 – $50.59
Dividend Safety
A · 92/100
Ever Cut?
No

OGE dividend raises and cuts

OGE Energy Corp. (OGE) has raised its regular dividend 28 times and cut it 0 times across the 161 payments on record since 1973. Its most recent change was a 0.9% increase to $0.429 per share, going ex-dividend on Oct 5, 2026.

Ex-dateChangeOld → newMove
Oct 5, 2026Raise$0.425 → $0.429+0.9%
Oct 6, 2025Raise$0.421 → $0.425+1.0%
Oct 7, 2024Raise$0.418 → $0.421+0.7%
Oct 6, 2023Raise$0.414 → $0.418+1.0%
Oct 7, 2022Raise$0.410 → $0.414+1.0%
Oct 8, 2021Raise$0.403 → $0.410+1.7%
Oct 9, 2020Raise$0.388 → $0.403+3.9%
Oct 9, 2019Raise$0.365 → $0.388+6.3%
Oct 9, 2018Raise$0.333 → $0.365+9.6%
Oct 6, 2017Raise$0.303 → $0.333+9.9%
Oct 6, 2016Raise$0.275 → $0.303+10.2%
Oct 7, 2015Raise$0.250 → $0.275+10.0%
Show all 28 changes since 1988
Ex-dateChangeOld → newMove
Oct 8, 2014Raise$0.225 → $0.250+11.1%
Jan 8, 2014Raise$0.209 → $0.225+7.7%
Jul 9, 2013Raise$0.209 → $0.209+0.2%
Jan 8, 2013Raise$0.197 → $0.209+6.1%
Jan 6, 2012Raise$0.188 → $0.197+4.8%
Jan 6, 2011Raise$0.182 → $0.188+3.3%
Jan 6, 2010Raise$0.178 → $0.182+2.3%
Jan 7, 2009Raise$0.174 → $0.178+2.0%
Jan 8, 2008Raise$0.170 → $0.174+2.4%
Jan 8, 2007Raise$0.167 → $0.170+2.1%
Jul 7, 1999Raise$0.166 → $0.167+0.3%
Jan 6, 1992Raise$0.161 → $0.166+3.1%
Jan 4, 1991Raise$0.155 → $0.161+4.0%
Jan 4, 1990Raise$0.149 → $0.155+4.2%
Jan 4, 1989Raise$0.143 → $0.149+4.4%
Jan 4, 1988Raise$0.136 → $0.143+4.6%
Every OGE payment →Download every raise and cut (CSV)
OGE ex-dividend date & scheduleNext ex-date Oct 5, 2026 · full ex-dividend historyView →OGE dividend historyEvery payment, totals by year, raises and cutsView →OGE dividend calculator100 shares pay $172.00 a year, $43.00 each quarterCalculate →OGE total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is OGE a good dividend stock?

Yes. OGE Energy Corp. (OGE) pays a quarterly dividend yielding 3.39% ($1.72/yr), with 19 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is OGE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OGE's fair value is about $50.65 versus a $50.73 share price — so it looks fairly valued (-0% vs. fair value).

Is OGE's dividend safe?

OGE has a dividend-safety grade of A (92/100), based on its payout coverage, free-cash-flow, 19-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is OGE's fair value?

Our blended fair-value estimate for OGE is about $50.65 per share, about 0% below the current $50.73 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is OGE a buy, hold, or sell?

We don't issue formal ratings, but on the data OGE screens as "yes" and fairly valued. OGE Energy Corp. (OGE) pays a quarterly dividend yielding 3.39% ($1.72/yr), with 19 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will OGE cut its dividend?

OGE earns a dividend-safety grade of A (92/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does OGE pay a dividend?

Yes. OGE Energy Corp. pays a quarterly dividend of about $1.72 per share annually, a forward yield of roughly 3.39%.

How much dividend does 100 shares of OGE pay?

At $1.72 per share a year, 100 shares of OGE pay $172.00 a year in dividends before tax, about $43.00 each quarter. Buying them costs about $5,073 at the Nov 5, 2026 price.

What is OGE's dividend yield?

As of Nov 5, 2026, OGE's forward dividend yield is 3.39%, based on a $1.72 annual dividend and a $50.73 share price.

What is OGE's dividend per share?

As of Nov 5, 2026, OGE pays $1.72 per share per year, distributed on a quarterly basis.

What is OGE's dividend payout ratio?

As of Nov 5, 2026, OGE's payout ratio is 64% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has OGE grown its dividend?

As of Nov 5, 2026, OGE has increased its dividend for 19 consecutive years.

When is the next OGE ex-dividend date?

As of Nov 5, 2026, OGE's next ex-dividend date hasn't been announced. The most recent was Oct 5, 2026, for $0.43 per share.

Income Calculator

At $1.72 / yr per share

Per payment (quarterly)$43.00
Annual$172.00
Monthly avg$14.33
Full OGE dividend calculator →

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