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 has now hiked its dividend four times in 2019.
ONEOK has now hiked its dividend four times in 2019.

ONEOK (OKE) will raise its quarterly dividend by another 2.8 percent to $0.915 per share in 2019.

This follows a total dividend hike of 14.8 percent in 2018 by the energy midstream services provider.  Year-to-date the dividend is now raised by a total of 7.1 percent after this last dividend hike.

The increased dividend is payable November 14, 2019, to shareholders of record at the close of business November 4, 2019. A new annualized dividend of $3.66 per share yields 5.1% at a stock price of $71.55.

ONEOK, Inc. is an energy midstream service provider and owns one of the premier natural gas liquids (NGL) systems in the United States. The company connects 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.