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 0.6%

ONEOK (OKE) will raise its quarterly dividend by 0.6 percent to $0.865 per share in the second quarter of 2019. This follows a total dividend hike of 14.8 percent in 2018 by the energy midstream services provider.

The new dividend is payable May 15, 2019, to shareholders of record at the close of business April 29, 2019. A new annualized dividend rate of $3.46 per share for OKE yields 5.0% at a stock price of $69.

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.