The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 93.5 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.74 per share. The dividend is payable May 14, 2020, to shareholders of record at the close of business April 27, 2020.
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$OKE dividend payout is supported by our strong balance sheet and healthy dividend coverage," said Terry K. Spencer, ONEOK president and chief executive officer. "Holding the dividend at its current level is the prudent financial decision for ONEOK during this time of market uncertainty. Our integrated and extensive assets and financial strength position us well for an industry recovery once energy markets stabilize."