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ONEOK (OKE) Dividend Yield %

: 4.96% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of ONEOK is 4.96%.

Warning Sign:

ONEOK Inc stock dividend yield is close to 5-year low.

The historical rank and industry rank for ONEOK's Dividend Yield % or its related term are showing as below:

OKE' s Dividend Yield % Range Over the Past 10 Years
Min: 2.25   Med: 5.15   Max: 17.08
Current: 4.96

During the past 13 years, the highest Dividend Yield of ONEOK was 17.08%. The lowest was 2.25%. And the median was 5.15%.

OKE's Dividend Yield % is ranked better than
59.03% of 493 companies
in the Oil & Gas industry
Industry Median: 4.05 vs OKE: 4.96

ONEOK's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.83.

During the past 13 years, the highest Dividend Payout Ratio of ONEOK was 2.05. The lowest was 0.67. And the median was 1.18.

As of today (2024-04-18), the Forward Dividend Yield % of ONEOK is 5.10%.

ONEOK's Dividends per Share for the three months ended in Dec. 2023 was $0.96.

During the past 12 months, ONEOK's average Dividends Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ONEOK was 26.30% per year. The lowest was -20.90% per year. And the median was 10.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


ONEOK Dividend Yield % Historical Data

The historical data trend for ONEOK's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ONEOK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.66 9.74 6.36 5.67 5.44

ONEOK Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.67 5.92 6.12 5.99 5.44

Competitive Comparison

For the Oil & Gas Midstream subindustry, ONEOK's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ONEOK Dividend Yield % Distribution

For the Oil & Gas industry and Energy sector, ONEOK's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where ONEOK's Dividend Yield % falls into.



ONEOK Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

ONEOK Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9902024-01-292024-01-302024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.9552023-10-312023-11-012023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.9552023-07-312023-08-012023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.9552023-04-282023-05-012023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

ONEOK's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.855/77.88
=4.95 %

Current Share Price is $77.88.
ONEOK's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.855.

ONEOK's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.96/77.88
=5.08 %

Current Share Price is $77.88.
ONEOK's Dividends per Share for the forward twelve months is calculated as $0.99 * 4 = $3.96.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ONEOK  (NYSE:OKE) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


ONEOK Dividend Yield % Related Terms

Thank you for viewing the detailed overview of ONEOK's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


ONEOK (OKE) Business Description

Address
100 West Fifth Street, Tulsa, OK, USA, 74103
Oneok provides natural gas gathering, processing, storage, and transportation as well as natural gas liquids transportation and fractionation. It owns extensive assets in the midcontinent, Permian, and Rocky Mountain regions.
Executives
Eduardo A Rodriguez director 100 WEST FIFTH STREET, TULSA OK 74103
Lyndon C Taylor officer: See Remarks 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
James R Hoskin officer: See Remarks ONE WILLIAMS CENTER, SUITE 2800, TULSA OK 74172
Wayne Thomas Smith director 1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Lori Gobillot director 5103 CITY WEST BLVD., 4TH FLOOR, HOUSTON TX 77042
Janet L. Hogan officer: Senior Vice President HR 2307 OREGON STREET, OSHKOSH WI 54902
Pierce Norton director, officer: President & CEO 100 W. 5TH STREET, TULSA OK 74103
Brian L Derksen director 100 W. 5TH ST., TULSA OK 74103
Scott D Schingen officer: Senior VP Operations 100 WEST 5TH STREET, TULSA OK 74103
Mark W Helderman director 100 W. 5TH ST., TULSA OK 74102
Mary M Spears officer: VP & CHIEF ACCOUNTING OFFICER 100 W. 5TH ST., TULSA OK 74103
Gary David Parker director 100 W. 5TH ST., TULSA OK 74103
Terry K Spencer officer: OKS - COO 100 W. 5TH ST., TULSA OK 74103
John William Gibson director, officer: CEO 100 WEST FIFTH STREET, TULSA OK 74103
Hulse Walter S Iii officer: EVP STRATEGIC PLNG & CORP DEV 100 W. 5TH ST., TULSA OK 74103

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