ONEOK Declares Quarterly Dividend

Rhea-AI Summary

ONEOK, Inc. (NYSE: OKE) has declared a quarterly dividend of 99 cents per share, maintaining the previous quarter's rate, leading to an annualized dividend of $3.96 per share. The dividend will be paid on May 15, 2024, to shareholders of record as of May 1, 2024. ONEOK is a prominent midstream operator in North America, providing essential energy services through its extensive pipeline network.

Positive

• ONEOK has maintained a stable quarterly dividend of 99 cents per share, totaling to an annual dividend of $3.96 per share.
• The company's dividend payment reflects its commitment to providing consistent returns to shareholders.
• ONEOK operates a vast pipeline network spanning over 50,000 miles, facilitating the transportation of natural gas, NGLs, refined products, and crude oil.
• As an S&P 500 company, ONEOK plays a important role in ensuring energy security and meeting global energy demands.
• The company's headquarters are located in Tulsa, Oklahoma.

Negative

• None.

TULSA, Okla., April 18, 2024 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 99 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.96 per share.

The dividend is payable May 15, 2024, to shareholders of record at the close of business May 1, 2024.

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At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation and storage services. Through our more than 50,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crude that help meet domestic and international energy demand, contribute to energy security and provide safe, reliable and responsible energy solutions needed today and into the future. As one of the largest diversified energy infrastructure companies in North America, ONEOK is delivering energy that makes a difference in the lives of people in the U.S. and around the world.

ONEOK is an S&P 500 company headquartered in Tulsa, Oklahoma.

For information about ONEOK, visit the website: www.oneok.com. For the latest news about ONEOK, find us on LinkedIn, Facebook, X 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

View original content:https://www.prnewswire.com/news-releases/oneok-declares-quarterly-dividend-302121403.html

SOURCE ONEOK, Inc.

FAQ

What is the dividend per share declared by ONEOK (NYSE: OKE)?

ONEOK has declared a quarterly dividend of 99 cents per share, resulting in an annualized dividend of $3.96 per share.

When will the dividend be paid to shareholders of ONEOK (NYSE: OKE)?

The dividend declared by ONEOK will be paid on May 15, 2024, to shareholders of record as of May 1, 2024.

Where is ONEOK (NYSE: OKE) headquartered?

ONEOK, Inc. (NYSE: OKE) is headquartered in Tulsa, Oklahoma.

What services does ONEOK provide as a midstream operator?

ONEOK is a leading midstream operator that offers gathering, processing, fractionation, transportation, and storage services through its extensive pipeline network.

What is the significance of ONEOK's role as an S&P 500 company?

As an S&P 500 company, ONEOK plays a critical role in ensuring energy security, meeting global energy demands, and providing essential energy solutions.

How does ONEOK (NYSE: OKE) contribute to energy security?

ONEOK contributes to energy security by transporting natural gas, NGLs, refined products, and crude oil through its pipeline network to meet domestic and international energy demands.