What is the main news in this 8-K filing?

The main news is that ONEOK Inc. has increased its quarterly dividend for common stock from $0.44 to $0.46 per share.

When will shareholders receive the increased dividend?

The increased dividend is payable on August 13, 2010, to shareholders of record as of the close of business on July 30, 2010. It is effective for the second quarter of 2010.

What does this dividend increase indicate about ONEOK's financial health?

An increase in dividends typically suggests that the company's board of directors is confident in the company's current financial performance and its ability to generate sufficient cash flow to support higher dividend payments and potentially future growth.

OKE 8-K SEC Disclosure — Jul 16, 2010

Summary

ONEOK Inc. (OKE) announced on July 15, 2010, a modest increase in its quarterly common stock dividend, raising it from $0.44 to $0.46 per share. This dividend increase is effective for the second quarter of 2010 and will be payable on August 13, 2010, to shareholders recorded by the close of business on July 30, 2010. This action signals management's confidence in the company's financial performance and its ability to return capital to shareholders.

Key Highlights

1ONEOK Inc. announced an increase in its quarterly common stock dividend.
2The quarterly dividend will increase from $0.44 to $0.46 per share.
3The dividend increase is effective for the second quarter of 2010.
4The new dividend payment date is August 13, 2010.
5The record date for the dividend is July 30, 2010.
6The announcement was made on July 15, 2010, via a news release.

ONEOK INC /NEW/ 8-K Report, Corporate Update (Jul 16, 2010)

Summary

Key Highlights

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