Summary
ONEOK Inc. (OKE) filed an 8-K report on January 18, 2018, primarily to disclose its board of directors' approval of a quarterly dividend. This action is a routine but significant communication for investors, as it directly impacts their return on investment. The approved dividend amount signals the company's confidence in its financial performance and its commitment to returning value to shareholders.
Key Highlights
- 1Board of Directors approved a quarterly dividend of $0.77 per share.
- 2The annualized dividend per share is $3.08.
- 3The dividend is payable on February 14, 2018.
- 4Shareholders of record as of January 29, 2018, will receive the dividend.
- 5The dividend declaration indicates a positive outlook and commitment to shareholder returns.
- 6The company attached the related news release as an exhibit.
Frequently Asked Questions
The primary purpose of this 8-K filing is to officially announce that ONEOK Inc.'s board of directors has approved a quarterly cash dividend and to provide details regarding its payment.
The board approved a quarterly dividend of $0.77 per share, which equates to an annualized dividend of $3.08 per share.
Shareholders who are of record at the close of business on January 29, 2018, are eligible to receive the dividend payment.
The cash dividend is scheduled to be paid on February 14, 2018.