ONEOK's Commitment to Dividends Shows Strong Financial Stability
ONEOK Declares Consistent Quarterly Dividend
The board of directors at ONEOK, Inc. (NYSE: OKE) announced a quarterly dividend of $1.03 per share. This declaration remains unchanged from the previous quarter, leading to an annualized amount of $4.12 per share. This consistency highlights ONEOK's reliability and commitment to its shareholders.
Dividend Payment Schedule
Shareholders can expect the dividend payment on a specified date, affirming the company's dedication to returning value. The dividend is scheduled to be distributed to shareholders of record, demonstrating a structured and reliable approach to financial management.
About ONEOK's Operations
ONEOK stands as a major player in the energy sector, operating as a leading midstream service provider. With an extensive pipeline network of approximately 60,000 miles, the company is essential in gathering, processing, and transporting a variety of energy products. This includes natural gas, natural gas liquids (NGLs), refined products, and crude oil, which are crucial to fulfilling energy demands both domestically and internationally.
Key Energy Solutions and Services
The services rendered by ONEOK are vital for the functioning of energy markets. They contribute to energy security and offer safe, responsible energy solutions. Their role in gathering, processing, and transporting these products helps ensure a steady energy supply that supports various sectors in the economy.
ONEOK as a Leader in Energy Infrastructure
ONEOK is recognized among the largest integrated energy infrastructure companies in North America. This status not only emphasizes its commitment to delivering energy solutions but also reflects its significant impact on global energy dynamics. By operating in an environmentally responsible manner, ONEOK continues to integrate sustainable practices into its operations.
Investor Relations and Communication
For more insights about ONEOK and its offerings, interested parties are encouraged to visit the official website. They can also engage with the company through social media platforms to stay updated on the latest developments, showcasing the company's openness to communication and transparency in its operations.
Contact Information
For further inquiries, individuals can reach out to key analysts within the company. The dedicated analysts are always available for discussions, ensuring that stakeholders can easily connect with the company for any clarifications.
Frequently Asked Questions
What is the current dividend rate declared by ONEOK?
ONEOK has declared a quarterly dividend of $1.03 per share, maintaining the same rate as the previous quarter.
When will the dividend be paid?
The dividend is scheduled to be paid on May 15, 2025, to shareholders who are on record by May 5, 2025.
What does ONEOK do?
ONEOK is a midstream operator that provides essential services related to energy products, including gathering, processing, and transportation across an extensive pipeline network.
How does ONEOK contribute to energy security?
By transporting and processing critical energy products, ONEOK plays a vital role in ensuring the availability and stability of energy supplies both in domestic and international markets.
How can one contact ONEOK for more information?
Individuals seeking more information can reach out to the company through their official website or connect with their dedicated analysts who are available to assist with inquiries.
About The Author
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