Summary
ONEOK Inc. (OKE) filed an 8-K report on October 18, 2023, primarily disclosing its board of directors' decision regarding the quarterly cash dividend. The company announced a quarterly dividend of 95.5 cents per share, maintaining the same rate as the previous quarter. This translates to an annualized dividend of $3.82 per share, signaling continued commitment to returning capital to shareholders at a stable level.
Key Highlights
- 1Quarterly cash dividend declared at $0.955 per share.
- 2Annualized dividend remains $3.82 per share.
- 3Dividend payment date is November 14, 2023.
- 4Record date for dividend is November 1, 2023.
- 5The dividend amount is unchanged from the previous quarter.
- 6Report filed on October 18, 2023, pertains to events on October 17, 2023.
Frequently Asked Questions
The key financial event is the declaration of a quarterly cash dividend of 95.5 cents per share of common stock by ONEOK's board of directors.
The dividend amount of 95.5 cents per share is unchanged from the previous quarter, indicating stability in the company's dividend policy.
The dividend is payable on November 14, 2023, to shareholders of record as of the close of business on November 1, 2023.
The annualized dividend rate is $3.82 per share, calculated by multiplying the quarterly dividend of 95.5 cents by four.