OGE Energy: Dividend Insights
Portfolio Pulse from Benzinga Insights
OGE Energy (NYSE:OGE) has announced a quarterly dividend of 41.82 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, which means it will likely open 41.82 cents lower to reflect the payout. The dividend is scheduled to be paid on January 26, 2024.
January 02, 2024 | 2:45 pm
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OGE Energy will pay a quarterly dividend of 41.82 cents per share, with the ex-dividend date set for Friday. The stock is expected to open lower by the dividend amount on that day.
The stock price of OGE Energy is likely to drop in the short term by the amount of the dividend on the ex-dividend date, as the dividend payout is factored into the stock price. This is a common occurrence and is typically priced in by the market.
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