ONEOK (OKE) Declares $.615 Quarterly Dividend; 4.6% Yield; Will Increase Next Dividend by 21%

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ONEOK Declares Quarterly Dividend

April 20, 2017 4:20 PM EDT

TULSA, Okla., April 20, 2017 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 61.5 cents per share, resulting in an annualized dividend of $2.46 per share. The dividend is payable May 15, 2017, to shareholders of record at the close of business May 1, 2017. 

On Feb. 1, 2017, ONEOK and ONEOK Partners (NYSE: OKS) announced an agreement under which ONEOK will acquire all of the outstanding common units of ONEOK Partners it does not already own. Completion of the transaction is expected to occur... More