OGE Energy Raises Dividend to 42.9 Cents

By Katherine HamiltonOGE Energy raised its quarterly dividend by less than 1% to 42.9 cents from 42.5 cents.OGE expects earnings per share growth to outpace dividend growth in the next five years as it targets an updated payout ratio of 55% to 60%.The new payout, equal to about $1.72 a year, repres…