Summary
ONEOK Inc. (OKE) filed an 8-K on July 25, 2019, primarily to announce a material update regarding its dividend policy. The company's Board of Directors has approved a quarterly cash dividend of $0.89 per share, which annualizes to $3.56 per share. This announcement is significant for income-focused investors as it signals continued confidence in the company's financial performance and commitment to returning capital to shareholders.
Key Highlights
- 1ONEOK Inc. announced an approved quarterly cash dividend of $0.89 per share.
- 2The annualized dividend per share is $3.56.
- 3The dividend payment date is August 14, 2019.
- 4The record date for the dividend is August 6, 2019.
- 5This disclosure is made under Regulation FD.
- 6The information was disseminated via a news release dated July 24, 2019.