- ONEOK (OKE, Financial) declares a stable quarterly dividend of $1.03 per share, maintaining its previous quarter's rate.
- The dividend translates to an annualized return of $4.12 per share.
- The payout date is set for May 15, 2025, with a record date of May 5, 2025.
ONEOK Inc. (OKE), a leading midstream operator in North America, has announced its quarterly dividend of $1.03 per share, maintaining consistency with its previous quarter. The announcement reinforces an annualized dividend of $4.12 per share, underscoring the company's commitment to providing stable returns to its investors.
The dividend, scheduled to be paid on May 15, 2025, will be distributed to shareholders recorded as of May 5, 2025. This position reflects ONEOK's stable outlook and strategic capability to navigate the challenging energy market landscape.
With a robust infrastructure network of approximately 60,000 miles of pipelines, ONEOK plays a crucial role in the energy sector by providing essential services such as gathering, processing, fractionation, transportation, storage, and marine export of natural gas, natural gas liquids (NGLs), refined products, and crude oil. The company's extensive network and service offerings position it as a vital player in meeting both domestic and international energy demands.
Headquartered in Tulsa, Oklahoma, ONEOK is a constituent of the S&P 500, affirming its significant market position. The company's steadfast dividend payout is a testament to its strong operational performance and financial health.
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