ONEOK (OKE) Declares $0.935 Quarterly Dividend; 14.1% Yield
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ONEOK (NYSE: OKE) declared a quarterly dividend of $0.935 per share, or $3.74 annualized.
The dividend will be payable on May 14, 2020, to stockholders of record on April 27, 2020, with an ex-dividend date of April 24, 2020.
The annual yield on the dividend is 14.1 percent.
"ONEOK's dividend payout is supported by our strong balance sheet and healthy dividend coverage," said Terry K. Spencer, ONEOK president and chief executive officer. "Holding the dividend at its current level is the prudent financial decision for ONEOK during this time of market uncertainty. Our integrated and extensive assets and financial strength position us well for an industry recovery once energy markets stabilize."
For a dividend history and other dividend-related data on ONEOK (OKE) click here.
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