Summary
ONEOK Inc. (OKE) announced on October 24, 2018, that its board of directors has approved a quarterly cash dividend. This dividend payment reflects a continued commitment to returning value to shareholders and signals management's confidence in the company's financial performance and future prospects. Investors should note that the approved quarterly dividend is 85.5 cents per share, which annualizes to $3.42 per share. This dividend is payable on November 14, 2018, to shareholders of record as of the close of business on November 5, 2018. The filing incorporates by reference the news release detailing this announcement.
Key Highlights
- 1ONEOK's board of directors approved a quarterly cash dividend of 85.5 cents per share.
- 2The annualized dividend per share is $3.42.
- 3The dividend payment date is November 14, 2018.
- 4Shareholders of record as of November 5, 2018, will receive the dividend.
- 5The announcement was made via a news release dated October 24, 2018.
- 6This filing falls under Regulation FD Disclosure (Item 7.01) and Other Events (Item 8.01).
Frequently Asked Questions
The most significant event is the approval of a quarterly cash dividend by ONEOK's board of directors. This dividend amounts to 85.5 cents per share.
The dividend is scheduled to be paid on November 14, 2018, to shareholders who are on record as of the close of business on November 5, 2018.
Based on the quarterly dividend of 85.5 cents per share, the annualized dividend rate is $3.42 per share.
This filing primarily focuses on the dividend announcement. It incorporates a news release dated October 24, 2018, which contains further details about the dividend approval.