ONEOK (OKE) Raises Quarterly Dividend 3.4% to $0.77; 5.2% Yield

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ONEOK Increases Quarterly Dividend

January 17, 2018 4:15 PM EST

TULSA, Okla., Jan. 17, 2018 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today increased ONEOK's quarterly dividend 2.5 cents per share, or 3 percent compared with its prior dividend, to 77 cents per share, resulting in an annualized dividend of $3.08 per share. The dividend is payable Feb. 14, 2018, to shareholders of record at the close of business Jan. 29, 2018.

ONEOK expects approximately 90 to 95 percent of this dividend to be a return of capital. Additional information regarding return of capital distributions is available at ONEOK's investor relations website,... More