Oneok Declares Quarterly Dividend of 99 Cents

By Tamara Parker • Friday, October 18 10:24 • Permanent Link

Oneok, Inc. (NYSE: OKE) has declared a quarterly dividend of 99 cents per share, consistent with the previous quarter. This results in an annualized dividend of $3.96 per share. The dividend is payable on November 14, 2024, to shareholders of record at the close of business on November 1, 2024.

As of October 15, 2024, Oneok is the managing member of Enlink Midstream, LLC (NYSE: ENLC) and owns 43% of Enlink’s outstanding common units. Enlink provides integrated midstream infrastructure services for natural gas, crude oil, and natural gas liquids (NGLs).

Oneok is a leading midstream operator, with a network of more than 50,000 miles of pipelines for gathering, processing, fractionation, transportation, and storage services. The company transports natural gas, NGLs, refined products, and crude oil through its extensive pipeline network.

These figures indicate that Oneok's dividend per share and annualized dividend have remained unchanged compared to the previous quarter. Additionally, the company's significant ownership stake in Enlink Midstream, LLC underscores its position as a key player in the integrated midstream infrastructure services sector. As a result of these announcements, the company's shares have moved -0.4% on the market, and are now trading at a price of $96.03. Check out the company's full 8-K submission here.

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