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 2.2%

ONEOK (OKE) will raise its quarterly dividend by 2.2 percent to $0.935 per share in the first quarter of 2020. This follows a total dividend hike of 7.0 percent in 2019 by the energy midstream services provider. Last year ONEOK hiked its dividend every quarter.

The next dividend is payable February 14, 2020, to shareholders of record at the close of business January 27, 2020. A new annualized dividend of $3.74 per share yields 4.9% at a stock price of $76.29.

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.