Summary
ONEOK Inc. (OKE) announced on October 16, 2024, that its Board of Directors has declared a quarterly dividend of $0.99 per share of common stock. This dividend is consistent with the previous quarter's payment, maintaining an annualized dividend rate of $3.96 per share. The dividend is scheduled to be paid on November 14, 2024, to shareholders of record as of the close of business on November 1, 2024. This declaration signals continued confidence in ONEOK's financial stability and its commitment to returning value to shareholders through regular dividend payments. Investors can rely on the consistent dividend payout as a component of their total return from holding OKE stock. The unchanged dividend amount suggests that the company's operational performance and financial outlook remain steady, supporting the current dividend policy.
Key Highlights
- 1Quarterly dividend declared at $0.99 per share.
- 2Annualized dividend remains $3.96 per share.
- 3Dividend payment date set for November 14, 2024.
- 4Record date for dividend eligibility is November 1, 2024.
- 5Dividend amount is unchanged from the previous quarter.
- 6The company attached a press release detailing the dividend declaration as Exhibit 99.1.