UPDATE: ONEOK (OKE) Raises Quarterly Dividend 21.1% to $0.745; 5.26% Yield

Go back to UPDATE: ONEOK (OKE) Raises Quarterly Dividend 21.1% to $0.745; 5.26% Yield

ONEOK Announces 21 Percent Quarterly Dividend Increase

July 26, 2017 4:15 PM EDT

TULSA, Okla., July 26, 2017 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today increased ONEOK's quarterly dividend 13 cents per share, or 21 percent, to 74.5 cents per share, resulting in an annualized dividend of $2.98 per share. The dividend is payable Aug. 14, 2017, to shareholders of record at the close of business Aug. 7, 2017. 

"We are pleased to announce this substantial increase to ONEOK's dividend, which is just one of the benefits of the ONEOK and ONEOK Partners merger transaction," said Terry K. Spencer, president and chief executive officer of ONEOK. "As a now... More