ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
ONEOK Dividend Announcement
• ONEOK announced a quarterly dividend of $0.99 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-01
• ONEOK annual dividend for 2024 was $3.96
• ONEOK annual dividend for 2023 was $3.82
• ONEOK's trailing twelve-month (TTM) dividend yield is 4.51%
• ONEOK's payout ratio for the trailing twelve months (TTM) is 81.79%
• ONEOK's dividend growth over the last five years (2018-2023) was 3.32% year
• ONEOK's dividend growth over the last ten years (2013-2023) was 10.30% year
ONEOK Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | $0.99 | quarterly | 2024-11-14 |
2024-08-01 | $0.99 | quarterly | 2024-08-14 |
2024-04-30 | $0.99 | quarterly | 2024-05-15 |
2024-01-29 | $0.99 | quarterly | 2024-02-14 |
2023-10-31 | $0.95 | quarterly | 2023-11-14 |
2023-07-31 | $0.95 | quarterly | 2023-08-14 |
2023-04-28 | $0.95 | quarterly | 2023-05-15 |
2023-01-27 | $0.95 | quarterly | 2023-02-14 |
2022-10-31 | $0.94 | quarterly | 2022-11-14 |
2022-07-29 | $0.94 | quarterly | 2022-08-15 |
2022-04-29 | $0.94 | quarterly | 2022-05-16 |
2022-01-28 | $0.94 | quarterly | 2022-02-14 |
2021-10-29 | $0.94 | quarterly | 2021-11-15 |
2021-07-30 | $0.94 | quarterly | 2021-08-16 |
2021-04-23 | $0.94 | quarterly | 2021-05-14 |
2021-01-29 | $0.94 | quarterly | 2021-02-12 |
2020-10-30 | $0.94 | quarterly | 2020-11-13 |
2020-07-31 | $0.94 | quarterly | 2020-08-14 |
2020-04-24 | $0.94 | quarterly | 2020-05-14 |
2020-01-24 | $0.94 | quarterly | 2020-02-14 |
2019-11-01 | $0.92 | quarterly | 2019-11-14 |
2019-08-05 | $0.89 | quarterly | 2019-08-14 |
2019-04-26 | $0.86 | quarterly | 2019-05-15 |
2019-01-25 | $0.86 | quarterly | 2019-02-14 |
2018-11-02 | $0.85 | quarterly | 2018-11-14 |
2018-08-03 | $0.82 | quarterly | 2018-08-14 |
2018-04-27 | $0.80 | quarterly | 2018-05-15 |
2018-01-26 | $0.77 | quarterly | 2018-02-14 |
2017-11-03 | $0.74 | quarterly | 2017-11-14 |
2017-08-03 | $0.74 | quarterly | 2017-08-14 |
2017-04-27 | $0.61 | quarterly | 2017-05-15 |
2017-01-26 | $0.61 | quarterly | 2017-02-14 |
2016-10-27 | $0.61 | quarterly | 2016-11-14 |
2016-08-04 | $0.61 | quarterly | 2016-08-14 |
2016-04-28 | $0.61 | quarterly | 2016-05-13 |
2016-01-28 | $0.61 | quarterly | 2016-02-12 |
2015-10-29 | $0.61 | quarterly | 2015-11-13 |
2015-07-30 | $0.60 | quarterly | 2015-08-14 |
2015-04-28 | $0.60 | quarterly | 2015-05-15 |
2015-01-28 | $0.60 | quarterly | 2015-02-13 |
2014-10-30 | $0.59 | quarterly | 2014-11-14 |
2014-07-31 | $0.57 | quarterly | 2014-08-14 |
2014-04-28 | $0.56 | quarterly | 2014-05-15 |
2014-02-06 | $0.40 | quarterly | 2014-02-18 |
2013-10-31 | $0.38 | quarterly | 2013-11-14 |
2013-08-01 | $0.33 | quarterly | 2013-08-15 |
2013-04-26 | $0.36 | quarterly | 2013-05-15 |
2013-01-29 | $0.36 | quarterly | 2013-02-14 |
ONEOK Dividend per year
ONEOK Dividend growth
ONEOK Dividend Yield
ONEOK current trailing twelve-month (TTM) dividend yield is 4.51%. Interested in purchasing ONEOK stock? Use our calculator to estimate your expected dividend yield:
ONEOK Financial Ratios
ONEOK Dividend FAQ
Other factors to consider when evaluating ONEOK as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: ONEOK's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ONEOK publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ONEOK distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ONEOK are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ONEOK sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ONEOK distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ONEOK declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ONEOK's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ONEOK's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.