OGE Energy Corp. Approves First-Quarter Dividend, Payable on January 30, 2019; Appoints David E. Rainbolt as Board of Directors and Member of Audit Committee, Effective January 1, 2019
December 06, 2018 at 06:30 am EST
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The Board of Directors of OGE Energy Corp. approved a first-quarter dividend of $0.365 per share per common share of stock, to be paid January 30, 2019, to shareholders of record on January 10, 2019.
The company also announced that David E. Rainbolt has been appointed to the company's board of directors and as a member of its audit committee, effective January 1, 2019. Rainbolt's term will expire at the company's annual shareholders' meeting on May 16, 2019, at which time he will stand for re-election by the company's shareholders. Rainbolt is the Executive Chairman of BancFirst Corporation, having previously served for twenty five years as its Chief Executive Officer.
OGE Energy Corp. is a holding company whose primary investment provides electricity in Oklahoma and western Arkansas. The Company reports its operations primarily through a single segment, the electric company. Its electric company operations are conducted through its wholly owned subsidiary, Oklahoma Gas and Electric Company (OG&E), which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. OG&E provides retail electric service to approximately 896,000 customers in Oklahoma and western Arkansas throughout a service area that covers 30,000 square miles including Oklahoma City, Fort Smith, Arkansas, and other large communities with their contiguous rural and suburban areas. The Companyâs other operations primarily include the operations of the holding company and other energy-related investments.
OGE Energy Corp. Approves First-Quarter Dividend, Payable on January 30, 2019; Appoints David E. Rainbolt as Board of Directors and Member of Audit Committee, Effective January 1, 2019
OGE ENERGY CORP. 
