Summary
ONEOK Inc. (OKE) filed an 8-K on October 21, 2020, primarily to disclose its third quarter 2020 dividend declaration. The company's Board of Directors declared a quarterly dividend of $0.935 per share, maintaining the same rate as the previous quarter. This translates to an annualized dividend of $3.74 per share, signaling continued commitment to returning capital to shareholders despite the prevailing economic environment.
Key Highlights
- 1Board of Directors declared a quarterly dividend of $0.935 per share.
- 2The dividend rate remains unchanged from the previous quarter.
- 3The annualized dividend stands at $3.74 per share.
- 4The dividend is payable on November 13, 2020.
- 5Shareholders of record as of November 2, 2020, are eligible to receive the dividend.
- 6The information was disclosed via a news release filed as Exhibit 99.1.
Frequently Asked Questions
ONEOK's Board of Directors declared a quarterly dividend of 93.5 cents per share, which is equivalent to $0.935 per share.
No, the quarterly dividend amount of $0.935 per share is unchanged from the previous quarter.
The dividend is scheduled to be paid on November 13, 2020, to shareholders who are on record as of the close of business on November 2, 2020.
The declared quarterly dividend of $0.935 per share results in an annualized dividend of $3.74 per share.