OGE Energy (NYSE:OGE) declared a quarterly dividend on Tuesday, February 26th. Stockholders of record on Wednesday, April 10th will be given a dividend of $0.42 per share on Tuesday, April 30th. This represents a $1.67 dividend on an annualized basis and a yield of 2.85%.

On a related note, analysts at Zacks reiterated a “neutral” rating on shares of OGE Energy in a research note to investors on Tuesday, December 4th. They now have a $60.00 price target on the stock.

Five research analysts have rated the stock with a buy rating, and two have issued a hold rating to the company. The company has an average rating of “overweight” and an average price target of $61.30.

Shares of OGE Energy (OGE) traded down 0.24% during mid-day trading on Tuesday, hitting $58.47. OGE Energy (OGE) has a one year low of $50.23 and a one year high of $60.21. The stock’s 50-day moving average is currently $58.30. The company has a market cap of $5.773 billion and a P/E ratio of 16.47.

OGE Energy Corp. is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States.

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