OKLAHOMA CITY, Sept. 24, 2014 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) announced today that its Board of Directors has approved an increase in the company's quarterly dividend to $0.25 per share from $0.225 per share. That represents an 11 percent increase and equates to $1 per share annually. OGE also announced its plans to grow the dividend 10 percent per year through 2019.

The increase is effective with the fourth quarter 2014 dividend and will be paid Oct. 30, 2014 to shareholders of record Oct. 10, 2014.

"We are pleased to be able to increase our dividend growth rate, which is made possible by the expected cash distributions from Enable Midstream Partners," said Pete Delaney, chairman and CEO of OGE Energy. "Our five-year growth plan of a 10 percent annual dividend increase from 2015 to 2019 provides a consistent, growing current return to our shareholders, many of whom count on dividends to supplement their income. We are proud of our record of consistency, with quarterly dividends for 67 straight years."

OGE Energy is the parent company of OG&E, a regulated electric utility serving approximately 811,000 customers in Oklahoma and Western Arkansas. In addition, OGE holds 26.3 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP. 



    CLASS OF STOCK:               OGE Energy Corp. Common

    DIVIDEND PER SHARE:                             $0.25

    RECORD DATE:                                 10/10/14

    PAYMENT DATE:                                10/30/14

SOURCE OGE Energy Corp.