What is the main purpose of this 8-K filing?

This 8-K filing serves to announce a material event, specifically the increase in ONEOK Inc.'s quarterly dividend per share of common stock.

When does the new dividend rate become effective, and what is the new amount?

The increased dividend rate of $0.48 per share is effective for the third quarter of 2010. The previous rate was $0.46 per share.

Who is eligible to receive the increased dividend?

Shareholders of record at the close of business on October 29, 2010, will be eligible to receive the increased quarterly dividend.

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

A dividend increase typically signals that the company's board of directors has confidence in the company's current financial performance, profitability, and future cash flow generation, suggesting a positive outlook.

OKE 8-K SEC Disclosure — Oct 25, 2010

Summary

ONEOK Inc. (OKE) filed an 8-K report on October 25, 2010, announcing a strategic decision by its board of directors to increase the quarterly dividend per share of common stock. This increase, effective for the third quarter of 2010, signifies a positive outlook and commitment to returning value to shareholders. The company is demonstrating confidence in its financial performance and future prospects by raising its dividend payout.

Key Highlights

1ONEOK Inc. announced an increase in its quarterly dividend to $0.48 per share from $0.46 per share.
2The dividend increase is effective for the third quarter of 2010.
3The new dividend rate reflects the board's confidence in the company's financial stability and performance.
4The dividend is payable on November 12, 2010.
5Shareholders of record as of the close of business on October 29, 2010, will receive the increased dividend.
6This announcement was made via a news release dated October 21, 2010, and filed as an exhibit.

ONEOK INC /NEW/ 8-K Report, Corporate Update (Oct 25, 2010)

Summary

Key Highlights

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