Summary
ONEOK Inc. (OKE) announced on January 18, 2023, a notable increase in its quarterly dividend. The Board of Directors approved an increase to 95.5 cents per share of common stock, representing a 2% rise and an annualized dividend of $3.82 per share. This action underscores the company's commitment to returning capital to shareholders and reflects confidence in its financial stability and future prospects. The dividend will be payable on February 14, 2023, to shareholders who are on record by the close of business on January 30, 2023. This filing, categorized under Regulation FD Disclosure and Other Events, ensures timely and broad dissemination of this material information to all investors.
Key Highlights
- 1ONEOK's Board of Directors approved a 2% increase in the quarterly dividend.
- 2The new quarterly dividend rate is $0.955 per share.
- 3The annualized dividend per share now stands at $3.82.
- 4The dividend payment date is scheduled for February 14, 2023.
- 5Shareholders of record by January 30, 2023, will receive the dividend.
- 6This announcement was made via a press release filed as an exhibit to the 8-K.