Summary
ONEOK Inc. (OKE) filed an 8-K on October 19, 2022, to announce a routine corporate action: the declaration of its quarterly cash dividend. The company's board of directors declared a dividend of $0.935 per share of common stock. This dividend rate is consistent with the previous quarter, maintaining an annualized dividend of $3.74 per share. This action underscores ONEOK's commitment to returning capital to its shareholders and provides clarity on upcoming dividend payments. Investors should note the key dates associated with this dividend. The dividend will be paid on November 14, 2022, to shareholders who are on record as of the close of business on November 1, 2022. While this filing does not contain new financial performance data or strategic updates, it confirms the stability of the company's dividend payout, which is often a key consideration for income-focused investors in the energy infrastructure sector.
Key Highlights
- 1ONEOK Inc. declared a quarterly cash dividend of $0.935 per common share.
- 2The quarterly dividend remains unchanged from the prior quarter.
- 3The annualized dividend rate is confirmed at $3.74 per share.
- 4The dividend payment date is set for November 14, 2022.
- 5Shareholders of record as of November 1, 2022, will receive the dividend.
- 6The filing primarily serves as a Regulation FD disclosure regarding the dividend declaration.
- 7An attached news release (Exhibit 99.1) provides further details on the dividend.