At under $32.50, I might buy some. The stock would then have a better than 4.5% annual dividend while being quite stable over the last 5 years. (I'd dig deeper before opting in.)
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
•Companies that regularly increase dividends show confidence in future earnings growth potential.
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OGE Energy (OGE)
Founded in 1995, OGE, together with its subsidiaries, provides energy and energy services primarily in the south central United States. The company operates in two segments, Electric Utility, and Natural Gas Midstream Operations. It offers physical delivery and related services for both electricity and natural gas. OGE is headquartered in Oklahoma City, Oklahoma.
The board of directors of OGE has declared a quarterly dividend of 36.5¢ per share. The new dividend is 9.77% above the prior dividend of 33.25¢ per share. The first payment will be on October 30 to shareholders of record on October 10. The ex-dividend date is October 9.
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