Summary
ONEOK, Inc. (OKE) filed an 8-K on April 17, 2020, primarily to announce its board of directors' decision regarding its quarterly dividend. The company declared a quarterly dividend of $0.935 per share of common stock. This dividend payment is unchanged from the prior quarter, maintaining an annualized dividend rate of $3.74 per share. This consistency in dividend payout signals a degree of stability in the company's financial outlook amidst the prevailing market conditions at the time.
Key Highlights
- 1ONEOK declared a quarterly dividend of $0.935 per share.
- 2The declared dividend is unchanged from the previous quarter.
- 3The annualized dividend remains at $3.74 per share.
- 4The dividend is payable on May 14, 2020.
- 5Shareholders of record as of April 27, 2020, will receive the dividend.
- 6The announcement was made via a news release filed as an exhibit to the 8-K.