Oneok increases dividend by 21.1 percent in 2017 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Oneok As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Oneok As of October 10, 2023	OKE	$3.82	2.1%	0.0%	0.0%
Midstream Services	5.7%	1	2.2%	Quarter	1910

Oneok hikes dividend by 21.1%

Wednesday 26 July 2017

ONEOK (OKE) will raise its quarterly dividend by 21.1 percent to $0.745 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 larger, stand-alone operating company, ONEOK is well-positioned to increase its distributable cash flow available for dividends and reinvestment into the business."

ONEOK, Inc. is an energy midstream service provider in the United States. The company connects NGL (natural gas liquids supply) in the Mid-Continent, Permian and Rocky Mountain regions with key market centers and an extensive network of natural gas gathering, processing, storage and transportation assets.

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