Dividend Increase – ONEOK, Inc. (OKE)

Yesterday, July 26 ONEOK, Inc. announced a quarterly dividend increase of from $0.615 to $0.745 per share that’s payable August 14, 2017 to holders of record August 7, 2017. This represents a 21.1 % increase to regular quarterly dividends.

With current price $55.59 (yesterday's close), this raise brings their dividend yield to 5.36%.  

OKE's latest dividend increase was almost two years ago, in October 2015.

Since I own 50 shares of OKE this will increase my yearly net dividends by $19.37.

That increase rises my YOC to 7.63 %.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long OKE

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