Thursday, January 16, 2020

Dividend Increase – ONEOK Inc. (OKE)

Yesterday, January 15, the Board of Directors of ONEOK, Inc. announced a quarterly dividend increase from $ 0.915 to $ 0.935 per share that’s payable February 14, 2020 to holders of record January 27, 2020. This represents a 2.19% increase to the last quarterly dividend.

With current price $ 76.67 (today's open), this raise brings their dividend yield to 4.88 %.

Since I own 50 shares of OKE, this will increase my portfolio's projected annual net dividend income by $ 2.98.

This increase raises my YOC to 9.58%.

Summary of 2020 Dividend Increases / Cuts

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long OKE

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