Oneok's last quarterly dividend was on Jan 29, 2024 (ex-date) with a distribution of $0.99 per share. On an annualized basis, the company has a current payout of $3.86 per share. This brings the dividend yield to 4.84% based on its recent close price. The latest dividend has grown by $0.04, or 3.7% from the previous dividend.
OKE has a dividend yield of 4.84% which is above the Energy sector and its peers average but below the industry average. Compared to its Energy sector average of 3.68%, Oneok's dividend yield is 32% higher. The historical 5-year average of OKE's dividend yield is 7.1%, which is above the current yield.
Oneok has been paying dividends since 1994. OKE has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 2.5% since one year ago. But with the stock price up by 20% from a year ago, the dividend yield marks a decrease of 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 29, 2024 | Feb 14, 2024 | Jan 17, 2024 | $0.99 | normal |
| Oct 31, 2023 | Nov 14, 2023 | Oct 18, 2023 | $0.955 | normal |
| Jul 31, 2023 | Aug 14, 2023 | Jul 19, 2023 | $0.955 | normal |
| Apr 28, 2023 | May 15, 2023 | Apr 20, 2023 | $0.955 | normal |
| Jan 27, 2023 | Feb 14, 2023 | Jan 18, 2023 | $0.955 | normal |
| Oct 31, 2022 | Nov 14, 2022 | Oct 19, 2022 | $0.935 | normal |
| Jul 29, 2022 | Aug 15, 2022 | Jul 20, 2022 | $0.935 | normal |
| Apr 29, 2022 | May 16, 2022 | Apr 21, 2022 | $0.935 | normal |
| Jan 28, 2022 | Feb 14, 2022 | Jan 19, 2022 | $0.935 | normal |
| Oct 29, 2021 | Nov 15, 2021 | Oct 20, 2021 | $0.935 | normal |
| Jul 30, 2021 | Aug 16, 2021 | Jul 21, 2021 | $0.935 | normal |
| Apr 23, 2021 | May 14, 2021 | Apr 15, 2021 | $0.935 | normal |
| Jan 29, 2021 | Feb 12, 2021 | Jan 20, 2021 | $0.935 | normal |
| Oct 30, 2020 | Nov 13, 2020 | Oct 21, 2020 | $0.935 | normal |
| Jul 31, 2020 | Aug 14, 2020 | Jul 22, 2020 | $0.935 | normal |
| Apr 24, 2020 | May 14, 2020 | Apr 16, 2020 | $0.935 | normal |
| Jan 24, 2020 | Feb 14, 2020 | Jan 15, 2020 | $0.935 | normal |
| Nov 1, 2019 | Nov 14, 2019 | Oct 23, 2019 | $0.915 | normal |
| Aug 5, 2019 | Aug 14, 2019 | Jul 24, 2019 | $0.89 | normal |
| Apr 26, 2019 | May 15, 2019 | Apr 18, 2019 | $0.865 | normal |
| Jan 25, 2019 | Feb 14, 2019 | Jan 16, 2019 | $0.86 | normal |
| Nov 2, 2018 | Nov 14, 2018 | Oct 24, 2018 | $0.855 | normal |
| Aug 3, 2018 | Aug 14, 2018 | Jul 25, 2018 | $0.825 | normal |
| Apr 27, 2018 | May 15, 2018 | Apr 19, 2018 | $0.795 | normal |
| Jan 26, 2018 | Feb 14, 2018 | Jan 17, 2018 | $0.77 | normal |
| Nov 3, 2017 | Nov 14, 2017 | Oct 25, 2017 | $0.745 | normal |
| Aug 3, 2017 | Aug 14, 2017 | Jul 26, 2017 | $0.745 | normal |
| Apr 27, 2017 | May 15, 2017 | Apr 20, 2017 | $0.615 | normal |
| Jan 26, 2017 | Feb 14, 2017 | Jan 18, 2017 | $0.615 | normal |
| Oct 27, 2016 | Nov 14, 2016 | Oct 19, 2016 | $0.615 | normal |
| Aug 4, 2016 | Aug 14, 2016 | Jul 28, 2016 | $0.615 | normal |
| Apr 28, 2016 | May 13, 2016 | Apr 21, 2016 | $0.615 | normal |
| Jan 28, 2016 | Feb 12, 2016 | Jan 21, 2016 | $0.615 | normal |
| Oct 29, 2015 | Nov 13, 2015 | Oct 21, 2015 | $0.615 | normal |
OKE has a payout ratio of 70.2% which is higher than the Energy sector and its peers average but lower than the industry average. If we compare it with the Energy sector average of 44.7%, Oneok's payout ratio is 57% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UGI Ugi Corp | 5.83% | $1.5 | N/A |
| OKE Oneok Inc | 4.84% | $3.86 | 70.2% |
| NFG National Fuel Gas Co | 3.71% | $1.98 | 41.3% |
| SRE Sempra Energy | 3.43% | $2.41 | 50% |
| SWX Southwest Gas Holdings Inc | 3.38% | $2.48 | 116.4% |
| ATO Atmos Energy Corp | 2.64% | $3.09 | 49.4% |
Yes, Oneok has been paying dividends for the last 30 years.
Currently OKE's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in April 2024.
Oneok's last dividend ex-date was on Jan 29, 2024. The dividend amount was $0.99 per share.
On an annual basis OKE pays $3.86 per share.
Oneok's current dividend yield is 4.84%.
Oneok has a quarterly dividend frequency.
Oneok's dividend payout ratio is 70.2%.
Oneok's dividend yield is above the Energy sector average.