ONEOK (OKE) Declares $0.935 Quarterly Dividend; 14.1% Yield

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ONEOK Declares Quarterly Dividend

April 16, 2020 4:15 PM EDT

TULSA, Okla., April 16, 2020 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 93.5 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.74 per share. The dividend is payable May 14, 2020, to shareholders of record at the close of business April 27, 2020.

"ONEOK's dividend payout is supported by our strong balance sheet and healthy dividend coverage," said Terry K. Spencer, ONEOK president and chief executive officer. "Holding the dividend at its current level is the prudent financial decision for ONEOK... More