ONEOK (OKE) Maintains $0.615 Quarterly Dividend; 10.9% Yield

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ONEOK Declares Quarterly Dividend

January 21, 2016 4:20 PM EST

TULSA, Okla., Jan. 21, 2016 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 61.5 cents per share, effective for the fourth quarter 2015, resulting in an annualized dividend of $2.46 per share. The dividend is payable Feb. 12, 2016, to shareholders of record at the close of business Feb. 1, 2016. 

The dividend remains unchanged from the previous quarter and represents an increase of nearly 2 percent compared with the fourth quarter 2014.

"In line with our recently announced financial guidance, we're sustaining ONEOK's current dividend and underscoring our expectation... More