Summary
ONEOK Inc. (OKE) filed an 8-K on January 20, 2022, reporting on an event that occurred on January 18, 2022. The primary focus of this filing is the declaration of the company's quarterly cash dividend by its board of directors. This dividend demonstrates a continued commitment to returning capital to shareholders, maintaining the established payout level. Investors should note that the quarterly dividend has been set at 93.5 cents per share, which annualizes to $3.74 per share. This dividend is unchanged from the prior quarter, signaling stability in the company's cash flow generation and its confidence in maintaining this level of shareholder distribution. The payment timeline is also specified, with shareholders of record by January 31, 2022, eligible to receive the payment on February 14, 2022.
Key Highlights
- 1ONEOK Inc. declared a quarterly cash dividend of 93.5 cents per share.
- 2The annualized dividend rate remains stable at $3.74 per share.
- 3The dividend payout is unchanged from the previous quarter.
- 4The dividend payment date is set for February 14, 2022.
- 5Shareholders of record as of the close of business on January 31, 2022, will receive the dividend.
- 6The filing primarily serves as a Regulation FD disclosure and reports on other events related to the dividend declaration.
- 7A news release detailing the dividend declaration is attached as an exhibit.