SmarterDividends
OGE

OGE Energy Corp.

OGE

Utilities · Utilities - Regulated Electric · Stock · quarterly payer

$47.51

Fairly valued · +4% Add to Portfolio

Forward Yield

3.63%

Annual Dividend

$1.70

Payout Ratio

75%

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 Oct 15, 2026, OGE Energy Corp. (OGE) has a forward dividend yield of 3.63%, based on an annual dividend of $1.70 per share and a share price of $47.51.
  • As of Oct 15, 2026, OGE's dividend safety grade from SmarterDividends is A (90 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 Oct 15, 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 Oct 15, 2026, OGE pays out 75% 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 Oct 15, 2026, OGE's 3.63% yield is 17% below its five-year average yield of 4.38%.
  • As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for OGE is $49.42 per share, 4% above the $47.51 share price, so OGE screens as fairly valued.
  • OGE Energy Corp. (OGE) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "OGE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/OGE

Summary

As of Oct 15, 2026, OGE Energy Corp. (OGE) yields 3.63% ($1.70 a year per share), has a dividend safety grade of A (90/100) and has 19 consecutive years of dividend increases on record.

Is OGE a good dividend stock?

Yes

OGE Energy Corp. (OGE) pays a quarterly dividend yielding 3.63% ($1.70/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
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.63%
Payout Ratio
75%
Annual Dividend
$1.70
5-Yr Avg Growth
1.5%
Ex-Dividend Date
Oct 5, 2026
Years of Growth
19
Frequency
quarterly
Beta
0.49
Market Cap
$9.8B
P/E Ratio
20.9
5-Yr Total Return
36%
52-Week Range
$41.70 – $50.59
Dividend Safety
A · 90/100
Ever Cut?
No
OGE ex-dividend date & scheduleNext ex-date Oct 5, 2026 · full ex-dividend historyView →OGE dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is OGE a good dividend stock?

Yes. OGE Energy Corp. (OGE) pays a quarterly dividend yielding 3.63% ($1.70/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 $49.42 versus a $47.51 share price — so it looks fairly valued (+4% vs. fair value).

Is OGE's dividend safe?

OGE has a dividend-safety grade of A (90/100), 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 $49.42 per share, roughly 4% above the current $47.51 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 3.63% ($1.70/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 (90/100), 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 $1.70 per share annually, a forward yield of roughly 3.63%.

What is OGE's dividend yield?

As of Oct 15, 2026, OGE's forward dividend yield is 3.63%, based on a $1.70 annual dividend and a $47.51 share price.

What is OGE's dividend per share?

As of Oct 15, 2026, OGE pays $1.70 per share per year, distributed on a quarterly basis.

What is OGE's dividend payout ratio?

As of Oct 15, 2026, OGE's payout ratio is 75% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has OGE grown its dividend?

As of Oct 15, 2026, OGE has increased its dividend for 19 consecutive years.

When is the next OGE ex-dividend date?

As of Oct 15, 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 $1.70 / yr per share

Per payment (quarterly)$42.40
Annual$169.60
Monthly avg$14.13

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