Summary
ONEOK Inc. (OKE) announced on January 15, 2009, through an 8-K filing, the declaration of its quarterly dividend for common stock. The dividend is set at $0.40 per share, payable on February 13, 2009, to shareholders of record as of January 30, 2009. This declaration reflects the company's commitment to returning capital to its shareholders and continues a positive trend of dividend growth. Further demonstrating financial strength and a commitment to increasing shareholder value, ONEOK has a history of dividend increases, having raised its dividend six times over the preceding three years, resulting in a 43% increase during that period. The company also announced the date for its annual shareholder meeting, scheduled for May 21, 2009, in Tulsa, Oklahoma, with a record date of March 23, 2009, indicating routine corporate governance activities.
Key Highlights
- 1Declaration of a quarterly dividend of $0.40 per common share.
- 2Dividend payment date set for February 13, 2009.
- 3Record date for dividend payment is January 30, 2009.
- 4The company has increased its dividend six times in the past three years.
- 5This represents a 43% increase in dividends over the last three years.
- 6Annual shareholder meeting scheduled for May 21, 2009, in Tulsa, Oklahoma.
- 7Record date for the annual meeting is March 23, 2009.