ONEOK (OKE) Declares $0.615 Quarterly Dividend; 7.1% Yield

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Go back to ONEOK (OKE) Declares $0.615 Quarterly Dividend; 7.1% Yield

ONEOK Declares Quarterly Dividend

April 21, 2016 4:20 PM EDT

TULSA, Okla., April 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 first quarter 2016, resulting in an annualized dividend of $2.46 per share. The dividend is payable May 13, 2016, to shareholders of record at the close of business May 2, 2016. 

The dividend remains unchanged from the previous quarter and represents an increase of nearly 2 percent compared with the first quarter 2015.

Since becoming the pure-play general partner of ONEOK Partners in February 2014, ONEOK has increased the dividend five times, representing a 54... More