ONEOK Partners (OKS) Maintains $0.79 Quarterly Dividend; 12.4% Yield

ONEOK Partners (NYSE: OKS) declared a quarterly dividend of $0.79 per share, or $3.16 annualized.

The dividend will be payable on February 12, 2016, to stockholders of record on February 1, 2016, with an ex-dividend date of January 28, 2016.

The annual yield on the dividend is 12.4 percent.

The distribution remains unchanged from the previous quarter.

"ONEOK Partners' board of directors and management team expects to report distribution coverage of greater than 1.0 times in the fourth quarter 2015," said Terry K. Spencer, president and chief executive officer of ONEOK Partners. "Even in this challenging commodity price environment, our integrated business model continues to deliver strong performance, and therefore, we're maintaining the partnership's current distribution of 79 cents per unit."

For a dividend history and other dividend-related data on ONEOK Partners (OKS) click here.

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