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.
Frequently Asked Questions
The main purpose of this 8-K filing is to announce ONEOK Inc.'s declaration of its fourth-quarter 2009 dividend and to provide details regarding its payment.
The declared dividend is $0.44 per share of common stock. It is payable on February 12, 2010, to shareholders who are on record as of the close of business on January 29, 2010.
Yes, the fourth-quarter dividend of $0.44 per share is an increase from the third-quarter dividend of $0.42 per share, representing a 4.8% increase.
The filing also includes a news release issued by ONEOK, Inc. on January 20, 2010, as an exhibit, which likely provides further context or details regarding the dividend declaration and the company's operations.