ONEOK Declares Quarterly Dividend

Rhea-AI Summary

On April 20, 2023, ONEOK, Inc. (NYSE: OKE) declared a quarterly dividend of 95.5 cents per share, consistent with the previous quarter, leading to an annualized amount of $3.82 per share. This dividend is set to be paid on May 15, 2023, to shareholders on record by the close of business on May 1, 2023. ONEOK operates as a significant midstream service provider, possessing one of the most advanced natural gas liquids systems in the U.S. The company is recognized as a FORTUNE 500 company and is part of the S&P 500.

Positive

• Quarterly dividend of 95.5 cents per share maintained, reflecting stable income for shareholders.
• Annualized dividend of $3.82 per share indicates strong shareholder return.

Negative

• None.

TULSA, Okla., April 20, 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 May 15, 2023, to shareholders of record at the close of business May 1, 2023.

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

 

View original content:https://www.prnewswire.com/news-releases/oneok-declares-quarterly-dividend-301803423.html

SOURCE ONEOK, Inc.

FAQ

What is the dividend amount declared by ONEOK in April 2023?

ONEOK declared a quarterly dividend of 95.5 cents per share.

When will ONEOK's dividend be paid in 2023?

The dividend will be payable on May 15, 2023.

What is the annualized dividend of ONEOK for 2023?

The annualized dividend is $3.82 per share.

What is the record date for ONEOK's dividend payment?

Shareholders of record will be determined as of May 1, 2023.

Is the dividend of ONEOK sustainable?

While the dividend amount reflects stability, investors should assess market conditions and company performance for sustainability.