ONEOK Declares Quarterly Dividend

Rhea-AI Summary

The board of directors of ONEOK declared a quarterly dividend of 93.5 cents per share, consistent with the previous quarter, marking an annualized dividend of $3.74 per share. This dividend is scheduled for payment on August 14, 2020, to shareholders of record as of August 3, 2020. ONEOK is a leading midstream service provider in the natural gas liquids sector and is included in the FORTUNE 500 and S&P 500.

Positive

• Quarterly dividend maintained at 93.5 cents per share, reflecting stability.
• Annualized dividend of $3.74 per share supports investor income.
• ONEOK's inclusion in the FORTUNE 500 indicates a strong market position.

Negative

• None.

TULSA, Okla., July 22, 2020 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 93.5 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.74 per share.

The dividend is payable Aug. 14, 2020, to shareholders of record at the close of business Aug. 3, 2020.

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ONEOK, Inc. (pronounced ONE-OAK) (NYSE: OKE) is a leading midstream service provider and owner of one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Mid-Continent and Permian regions with key market centers and an extensive network of natural gas gathering, processing, storage and transportation 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 in this news release are forward-looking statements as defined under federal securities laws. The forward-looking statements relate to the closing, net proceeds, and expected use of proceeds of the offering. We make these forward-looking statements in reliance on the safe harbor protections provided under federal securities laws and other applicable laws. The following discussion is intended to identify important factors that could cause future outcomes to differ materially from those set forth in the forward-looking statements.

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, including, without limitation, prevailing market conditions and difficulties in executing the offering, 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.

Other factors could also have material adverse effects on our future results. These and other risks are described in greater detail in Part 1, Item 1A, Risk Factors, in our most recent Annual Report on Form 10-K and in our 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. Forward-looking statements speak only as of the date on which such statements are 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

 

View original content:http://www.prnewswire.com/news-releases/oneok-declares-quarterly-dividend-301098277.html

SOURCE ONEOK, Inc.

FAQ

What is the amount of ONEOK's quarterly dividend?

ONEOK has declared a quarterly dividend of 93.5 cents per share.

When is the dividend payment date for ONEOK?

The dividend is payable on August 14, 2020.

Who is eligible for the ONEOK dividend?

Shareholders of record as of August 3, 2020, are eligible for the dividend.

What is the annualized dividend for ONEOK?

The annualized dividend for ONEOK is $3.74 per share.