ONEOK Inc (OKE) will trade ex-dividend on 8/1/25 for its quarterly dividend of $1.03, payable on 8/14/25. The dividend works out to approximately 1.23% of the current stock price of $83.47. Dividend Channel expects shares to trade 1.23% lower on 8/1/25. The current estimated yield of 4.94% on an annualized basis may be a reasonable expectation of annual yield going forward.
ONEOK Inc (OKE), a prominent player in the oil and gas midstream sector, will trade ex-dividend on August 1, 2025, for its quarterly dividend of $1.03, payable on August 14, 2025. The dividend represents approximately 1.23% of the current stock price of $83.47. Dividend Channel expects shares to trade 1.23% lower on the ex-dividend date [1].
The company has maintained a steady dividend policy, with the last recorded dividend per share amounting to $1.03. Over the past year, ONEOK has witnessed a 4.04% growth rate in dividends, reflecting a stable dividend payout [1]. The current estimated yield of 4.94% on an annualized basis may be a reasonable expectation of annual yield going forward, given the company's history of consistent dividends.
ONEOK's latest dividend decision underscores its commitment to delivering consistent capital returns, which can help reinforce shareholder confidence during periods of market uncertainty. The company's steady dividend payout signals its focus on maintaining shareholder value, even as it navigates challenges such as commodity price swings and ongoing exposure to asset sales [2].
Investors should be mindful of the company's exposure to commodity price fluctuations and the impacts of asset sales on its earnings. However, ONEOK's capacity to fund ongoing dividends, as evidenced by its Q1 2025 earnings report, suggests a robust financial position [2].
In conclusion, ONEOK's ex-dividend date on August 1, 2025, presents an opportunity for investors to assess the company's dividend performance and its overall financial health. The steady dividend policy, coupled with the company's focus on delivering consistent capital returns, makes ONEOK an attractive option for dividend investors seeking stability and growth.
References:
[1] https://stockinvest.us/dividends/OKE
[2] https://simplywall.st/stocks/us/energy/nyse-oke/oneok/news/did-oneoks-oke-steady-dividend-decision-just-shift-its-inves
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