Oneok As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
OKE $3.82 2.1% 0.0% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Midstream Services 5.7% 1 2.2% Quarter 1910
Oneok hikes dividend by 3.6%

ONEOK (OKE) will raise its quarterly dividend by another 3.6 percent to $0.855 per share in the fourth quarter of 2018. This brings the total dividend increase in 2018 to 14.8 percent for the midstream services provider.

The increased dividend is payable Nov. 14, 2018, to shareholders of record at the close of business Nov. 5, 2018. The ex-date for this next dividend of 85.5 cents is November 2, 2018.

A new annual dividend of $3.42 per share yields 5.3% at a stock price of $72.76 per share.

ONEOK has now raised its annual dividend for 16 consecutive years. The company, through its predecessor Oklahoma Natural Gas, has been paying a dividend as early as 1910.

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.