ONEOK, Inc. (NYSE:OKE) announced a quarterly dividend on Wednesday, October 23rd, RTT News reports. Stockholders of record on Monday, November 4th will be paid a dividend of 0.915 per share by the utilities provider on Thursday, November 14th. This represents a $3.66 annualized dividend and a dividend yield of 5.23%. The ex-dividend date of this dividend is Friday, November 1st. This is a boost from ONEOK’s previous quarterly dividend of $0.89.
Shares of OKE stock opened at $69.99 on Thursday. The firm has a 50-day moving average price of $72.08 and a 200 day moving average price of $69.27. The company has a market capitalization of $29.58 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 2.19 and a beta of 1.12. The company has a current ratio of 0.81, a quick ratio of 0.60 and a debt-to-equity ratio of 1.70. ONEOK has a twelve month low of $50.26 and a twelve month high of $77.21.
ONEOK (NYSE:OKE) last announced its earnings results on Tuesday, October 29th. The utilities provider reported $0.74 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.74. ONEOK had a return on equity of 19.38% and a net margin of 11.76%. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the company posted $0.75 EPS. As a group, research analysts predict that ONEOK will post 3.11 earnings per share for the current year.
ONEOK Company Profile
ONEOK, Inc, together with its subsidiaries, engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions.
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