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.
Frequently Asked Questions
ONEOK declared a quarterly dividend of $0.935 per share of common stock.
No, the declared quarterly dividend of $0.935 per share is unchanged from the previous quarter.
The dividend is payable on May 14, 2020, to shareholders of record at the close of business on April 27, 2020.
The annualized dividend rate remains at $3.74 per share, based on the quarterly dividend of $0.935 per share.