Dividends Drive Value: OGE Energy Corp Offers 4% Yield
In trading on Thursday, OGE Energy Corp (Symbol: OGE) showcased a strong dividend yield exceeding 4%, based on its quarterly payout of $1.685. At one point, shares traded as low as $41.95. Understanding dividends is crucial for investors, as they have historically contributed significantly to overall stock returns. For instance, if you had invested in the iShares Russell 3000 ETF (IWV) on May 31, 2000, paying $78.27 per share, you would have seen a slight decrease in value by May 31, 2012, to $77.79—a loss of $0.48 or 0.6% over twelve years. However, you would have also received $10.77 per share in dividends during this time, improving your total return to 13.15%. Even when considering reinvested dividends, the average annual total return amounts to around 1.0%. Therefore, a yield above 4% from OGE Energy is quite compelling, provided it remains sustainable. OGE Energy Corp is proud to be part of the Russell 3000, highlighting its status among the top 3000 companies in U.S. stock markets.
Predicting dividend amounts can be tricky, as they typically fluctuate with each company’s profitability. To assess the reliability of OGE Energy Corp’s current dividend, reviewing the historical chart shown below can be beneficial for anticipating whether a 4% annual yield is a reasonable expectation.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
