ONEOK (OKE) Raises Quarterly Dividend 3.2% to $0.795; 5.3% Yield

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Go back to ONEOK (OKE) Raises Quarterly Dividend 3.2% to $0.795; 5.3% Yield

ONEOK Increases Quarterly Dividend

April 19, 2018 4:15 PM EDT

TULSA, Okla., April 19, 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 79.5 cents per share, resulting in an annualized dividend of $3.18 per share. The dividend is payable May 15, 2018, to shareholders of record at the close of business April 30, 2018.

ONEOK maintains its previously announced dividend guidance and 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... More