ONEOK (OKE) Raises Quarterly Dividend 3.8% to $0.825; 4.7% Yield

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ONEOK Increases Quarterly Dividend

July 25, 2018 4:15 PM EDT

TULSA, Okla., July 25, 2018 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today increased ONEOK's quarterly dividend 3 cents per share, or 4 percent compared with its prior dividend, to 82.5 cents per share, in line with previous guidance announced February 2017. This increase results in an annualized dividend of $3.30 per share. The dividend is payable Aug. 14, 2018, to shareholders of record at the close of business Aug. 6, 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... More

ONEOK Increases Quarterly Dividend

July 25, 2018 4:15 PM EDT

TULSA, Okla., July 25, 2018 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today increased ONEOK's quarterly dividend 3 cents per share, or 4 percent compared with its prior dividend, to 82.5 cents per share, in line with previous guidance announced February 2017. This increase results in an annualized dividend of $3.30 per share. The dividend is payable Aug. 14, 2018, to shareholders of record at the close of business Aug. 6, 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... More