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.