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ONEOK Declares Quarterly Dividend

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ONEOK, Inc. (NYSE: OKE) Declares Unchanged Quarterly Dividend of 95.5 Cents per Share, Payable on August 14, 2023
Positive
  • ONEOK maintains dividend stability with unchanged quarterly dividend, reinforcing investor confidence
  • Company's extensive network of gathering, processing, and transportation assets strengthens its position in the midstream service sector
Negative
  • None.

TULSA, Okla., July 19, 2023 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 95.5 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.82 per share.

The dividend is payable Aug. 14, 2023, to shareholders of record at the close of business Aug. 1, 2023.

In January 2023, ONEOK announced a 2% increase in its quarterly dividend, extending its more than 25-year history of dividend stability. Since 2017, ONEOK has paid approximately $9 billion in dividends to shareholders.

ONEOK, Inc. (pronounced ONE-OAK) (NYSE: OKE) is a leading midstream service provider and owns one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Permian and Mid-Continent regions with key market centers and owns an extensive network of gathering, processing, fractionation, transportation and storage assets.

ONEOK is a FORTUNE 500 company and is included in the S&P 500.

For the latest news about ONEOK, find us at www.oneok.com or on LinkedIn, Facebook, Twitter and Instagram.

Some of the statements contained and incorporated in this news release are forward-looking statements as defined under federal securities laws. The forward-looking statements relate to our anticipated financial performance (including projected levels of quarterly and annual dividends), liquidity, market conditions and other matters. We make these forward-looking statements in reliance on the safe harbor protections provided under federal securities laws and other applicable laws.

Forward-looking statements include the items identified in the preceding paragraph, the information concerning possible or assumed future results of our operations and other statements contained or incorporated in this news release identified by words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "guidance," "intend," "may," "might," "outlook," "plan," "potential," "project," "scheduled," "should," "will," "would" and other words and terms of similar meaning.

One should not place undue reliance on forward-looking statements. Known and unknown risks, uncertainties and other factors may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. Those factors may affect our operations, markets, products, services and prices. These and other risks are described in greater detail in Item 1A, Risk Factors, in our most recent Annual Report on Form 10-K and in the other filings that we make with the Securities and Exchange Commission (SEC), which are available on the SEC's website at www.sec.gov. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Any such forward-looking statement speaks only as of the date on which such statement is made, and, other than as required under securities laws, we undertake no obligation to update publicly any forward-looking statement whether as a result of new information, subsequent events or change in circumstances, expectations or otherwise.

Analyst Contact:

Megan Patterson


918-561-5325

Media Contact:

Brad Borror


918-588-7582

 

Cision View original content:https://www.prnewswire.com/news-releases/oneok-declares-quarterly-dividend-301881323.html

SOURCE ONEOK, Inc.

FAQ

What is ONEOK, Inc.'s ticker symbol?

ONEOK, Inc.'s ticker symbol is OKE on the New York Stock Exchange (NYSE)

When is the quarterly dividend payable to shareholders?

The quarterly dividend of 95.5 cents per share is payable on August 14, 2023

What is ONEOK, Inc.'s dividend history?

ONEOK has a more than 25-year history of dividend stability and has paid approximately $9 billion in dividends to shareholders since 2017

Oneok, Inc.

NYSE:OKE

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57.06B
582.98M
0.21%
71.68%
2.38%
Oil & Gas Midstream
Natural Gas Transmission & Distribution
Link
United States of America
TULSA