ONEOK Partners (OKS) Maintains $0.79 Quarterly Dividend; 12.4% Yield
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ONEOK Partners Declares Quarterly Distribution
January 21, 2016 4:15 PM ESTTULSA, Okla., Jan. 21, 2016 /PRNewswire/ --Â The board of directors of the general partner of ONEOK Partners, L.P. (NYSE: OKS) today declared a quarterly cash distribution of 79 cents per unit, effective for the fourth quarter 2015, payable Feb. 12, 2016, to unitholders of record as of Feb. 1, 2016.
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... More
