ONEOK Increases Quarterly Dividend 4%
ONEOK (NYSE: OKE) has announced a 4% increase in its quarterly dividend to $1.03 per share, resulting in an annualized dividend of $4.12 per share. The dividend will be paid on February 14, 2025, to shareholders of record as of February 3, 2025.
The company has also reported progress on its share repurchase program, having bought back 1.675 million shares for $171.7 million using cash on hand. This is part of ONEOK's $2 billion share repurchase authorization, which it plans to largely utilize over the next three years.
As a leading midstream operator, ONEOK operates a 50,000-mile pipeline network for transporting natural gas, natural gas liquids, refined products, and crude oil across North America.
ONEOK (NYSE: OKE) ha annunciato un aumento del 4% del suo dividendo trimestrale, portandolo a $1.03 per azione, con un dividendo annualizzato di $4.12 per azione. Il dividendo sarà pagato il 14 febbraio 2025 agli azionisti registrati al 3 febbraio 2025.
L'azienda ha inoltre riportato progressi nel suo programma di riacquisto di azioni, avendo riacquistato 1,675 milioni di azioni per $171,7 milioni utilizzando liquidità disponibile. Questo fa parte dell'autorizzazione di riacquisto di azioni di $2 miliardi di ONEOK, che intende sfruttare in gran parte nei prossimi tre anni.
In quanto principale operatore midstream, ONEOK gestisce una rete di pipeline di 80.500 chilometri per il trasporto di gas naturale, liquidi di gas naturale, prodotti raffinati e petrolio greggio in tutta l'America del Nord.
ONEOK (NYSE: OKE) ha anunciado un incremento del 4% en su dividendo trimestral, llevándolo a $1.03 por acción, resultando en un dividendo anualizado de $4.12 por acción. El dividendo se pagará el 14 de febrero de 2025, a los accionistas registrados al 3 de febrero de 2025.
La compañía también ha informado sobre el progreso en su programa de recompra de acciones, habiendo recomprado 1.675 millones de acciones por $171.7 millones utilizando efectivo disponible. Esto forma parte de la autorización de recompra de acciones de $2 mil millones de ONEOK, que planea utilizar en gran medida durante los próximos tres años.
Como un operador midstream líder, ONEOK opera una red de tuberías de 80.500 millas para el transporte de gas natural, líquidos de gas natural, productos refinados y petróleo crudo a través de América del Norte.
ONEOK (NYSE: OKE)는 분기 배당금을 4% 인상하여 주당 $1.03로 조정하며, 연간 배당금은 주당 $4.12에 달하게 됩니다. 배당금은 2025년 2월 14일에 2025년 2월 3일 기준 주주에게 지급될 예정입니다.
회사는 또한 자사주 매입 프로그램의 진전을 보고하였으며, 이를 통해 167만 5천 주를 1억 7천 170만 달러에 매입했습니다. 이것은 ONEOK의 20억 달러의 자사주 매입 승인의 일환으로, 향후 3년 동안 대규모로 활용할 계획입니다.
ONEOK는 주요 중간 매개체 운영자로서, 북미 전역의 천연 가스, 천연 가스 액체, 정제된 제품 및 원유를 수송하기 위한 80,500마일의 파이프라인 네트워크를 운영하고 있습니다.
ONEOK (NYSE: OKE) a annoncé une augmentation de 4 % de son dividende trimestriel, portant celui-ci à $1,03 par action, ce qui donne un dividende annualisé de $4,12 par action. Le dividende sera payé le 14 février 2025 aux actionnaires inscrits au 3 février 2025.
L'entreprise a également rapporté des progrès concernant son programme de rachat d'actions, ayant racheté 1,675 million d'actions pour $171,7 millions en utilisant des liquidités disponibles. Cela fait partie de l'autorisation de rachat d'actions de 2 milliards de dollars de ONEOK, qu'elle prévoit d'utiliser en grande partie au cours des trois prochaines années.
En tant qu'opérateur midstream de premier plan, ONEOK gère un réseau de pipelines de 80 500 miles pour le transport de gaz naturel, de liquides de gaz naturel, de produits raffinés et de pétrole brut à travers l'Amérique du Nord.
ONEOK (NYSE: OKE) hat eine Erhöhung seiner vierteljährlichen Dividende um 4% auf $1.03 pro Aktie angekündigt, was zu einer annualisierten Dividende von $4.12 pro Aktie führt. Die Dividende wird am 14. Februar 2025 an die zum 3. Februar 2025 registrierten Aktionäre ausgezahlt.
Das Unternehmen hat außerdem Fortschritte bei seinem Aktienrückkaufprogramm gemeldet und 1,675 Millionen Aktien für $171,7 Millionen aus vorhandenen liquiden Mitteln zurückgekauft. Dies ist Teil der Genehmigung zum Aktienrückkauf über 2 Milliarden Dollar von ONEOK, die es beabsichtigt, in den nächsten drei Jahren größtenteils zu nutzen.
Als führender Midstream-Betreiber betreibt ONEOK ein 80.500 Meilen umfassendes Pipeline-Netzwerk zum Transport von Erdgas, Erdgasflüssigkeiten, raffinierten Produkten und Rohöl in Nordamerika.
- 4% dividend increase to $1.03 quarterly ($4.12 annualized)
- $171.7 million in completed share repurchases
- $2 billion share repurchase program to be executed over three years
- Strong cash position enabling both dividend increase and share buybacks
- None.
The dividend is payable Feb. 14, 2025, to shareholders of record at the close of business Feb. 3, 2025.
To date, ONEOK has repurchased 1.675 million shares of its outstanding common stock for
"With this latest dividend increase and recent share repurchases, we continue executing on our value-driven capital allocation strategy," said Pierce H. Norton II, ONEOK president and chief executive officer. "Our intentional and disciplined approach to growth has provided us with the financial flexibility to continue returning significant value to shareholders."
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 oil 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
ONEOK is an S&P 500 company headquartered in
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 |
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SOURCE Oneok, Inc.
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