OGE Energy Corp. announces appointment of Cathy Gates to Board of Directors

Rhea-AI Summary

OGE Energy Corp. (NYSE: OGE) has elected Cathy R. Gates to its board of directors, where she will serve on the compensation and governance committees. Gates, a former assurance partner at Ernst & Young, brings extensive experience from various industries.

The board also declared a first quarter dividend of $0.4141 per common share, payable on January 9, 2023, to shareholders on record as of January 27, 2023. This indicates OGE's commitment to providing returns to its investors.

Positive

• Cathy R. Gates brings extensive industry knowledge to the board, potentially benefiting OGE's growth.
• The declared dividend of $0.4141 reflects OGE's financial stability and commitment to shareholders.

Negative

• None.

Quarterly dividend declared

OKLAHOMA CITY, Dec. 8, 2022 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE), announces the election of Cathy R. Gates to the OGE Energy board of directors. Gates will serve on the compensation committee and the nominating, corporate governance and stewardship committee.

Gates was an assurance partner for Ernst & Young LLP, based in their Tulsa office, through her retirement in 2017. She served as a managing partner for eight years with oversight responsibility for more than 100 professionals, working with public and privately-held clients throughout the Southwest region in retail/consumer products, transportation, manufacturing and contract drilling industries.

In addition to her professional career, Gates is active with several nonprofit organizations including the Tulsa Area United Way and University of Arkansas Walton College of Business. She also serves on the board of directors of Tempur-Sealy International and sits on the audit committee.

"Cathy brings extensive knowledge across a number of industries and that perspective will be invaluable to OGE Energy's continued growth," said Sean Trauschke, OGE Energy Corp. Chairman, President and CEO. "We are delighted for Cathy to join the board and look forward to her leadership in the coming years."

Additionally, the Company announced today that its Board of Directors approved a first quarter dividend of $0.4141 per common share of stock, to be paid on January 9, 2023, to shareholders of record on January 27, 2023.

CLASS OF STOCK:	OGE Energy Corp. Common
DIVIDEND PER SHARE:	$0.4141
RECORD DATE:	01/09/23
PAYMENT DATE:	01/27/23

View original content:https://www.prnewswire.com/news-releases/oge-energy-corp-announces-appointment-of-cathy-gates-to-board-of-directors-301697862.html

SOURCE OGE Energy Corp.

FAQ

Who is Cathy R. Gates, and what is her role at OGE Energy?

Cathy R. Gates has been elected to the OGE Energy board of directors and will serve on the compensation and governance committees.

What is the dividend declared by OGE Energy for the first quarter of 2023?

OGE Energy declared a first quarter dividend of $0.4141 per common share, payable on January 9, 2023.

When is the record date for the OGE Energy dividend?

The record date for the OGE Energy dividend is January 27, 2023.

When will OGE Energy pay the declared dividend?

The dividend will be paid on January 9, 2023, to eligible shareholders.