Summary
This 8-K filing from ONEOK Inc. (OKE) announces a routine dividend declaration for the fourth quarter of 2009. The board of directors has approved a dividend of $0.44 per share of common stock, an increase from the previously paid third-quarter dividend of $0.42 per share. This demonstrates a commitment to returning value to shareholders and signals continued confidence in the company's financial performance despite the prevailing economic conditions of early 2010.
Key Highlights
- 1ONEOK's Board of Directors declared a Q4 2009 dividend of $0.44 per common share.
- 2The dividend payment date is February 12, 2010.
- 3Shareholders of record as of January 29, 2010, will receive the dividend.
- 4The declared dividend represents a $0.02, or approximately 4.8%, increase compared to the Q3 2009 dividend of $0.42 per share.
- 5The filing includes a news release dated January 20, 2010, as an exhibit.