ONEOK's Board Approves Steady Quarterly Dividend for 2025

ONEOK Announces Quarterly Dividend Payment

ONEOK, Inc., a prominent operator in the energy sector, has recently declared a quarterly dividend of $1.03 per share, consistent with the rate from the previous quarter. This decision underscores the company’s commitment to provide reliable returns to its shareholders. This dividend, which equates to an annualized total of $4.12 per share, is scheduled for payment on May 15, 2025, to shareholders who are registered by May 5, 2025.

The consistency in dividend payments is indicative of ONEOK's robust financial health and strategic positioning within the energy market. As one of North America’s largest integrated energy infrastructure companies, ONEOK operates an extensive pipeline network comprising approximately 60,000 miles. This infrastructure is critical for the transportation of natural gas, natural gas liquids (NGLs), refined products, and crude oil, thereby supporting both domestic and international energy demands.

ONEOK is noted for its comprehensive range of midstream services, including gathering, processing, fractionation, transportation, storage, and marine export services. The company’s continued investment in energy infrastructure is pivotal in meeting the growing energy needs while ensuring safe and reliable energy delivery to communities across the United States and beyond.

Headquartered in Tulsa, Oklahoma, ONEOK is part of the S&P 500, a reflection of its strong market presence and operational excellence in the energy sector. As the world increasingly emphasizes energy security and sustainability, ONEOK remains at the forefront of providing solutions that accommodate these demands. The company is also actively leveraging advanced technologies and sustainable practices to enhance its service offerings.

In addition to its quarterly dividend declaration, ONEOK has made strides in transparency and communication with shareholders. The company encourages its shareholders to stay updated through its official website and social media platforms, including LinkedIn, Facebook, X (formerly Twitter), and Instagram. This proactive engagement ensures that investors remain informed about company developments and future outlooks.

Understanding Forward-Looking Statements

It's worth noting that certain statements in the announcement may represent forward-looking statements as defined by U.S. securities laws. These statements involve expected outcomes regarding ONEOK's financial performance, market conditions, and other factors intrinsic to its operations. While ONEOK relies on safe harbor protections regarding these predictions, potential risks and uncertainties could materially affect results, making it essential for shareholders and stakeholders to remain cognizant of the inherent risks involved.

Overall, news of a steady dividend reflects positively on ONEOK's financial strategies and operational capabilities, establishing confidence amongst investors that the company is poised for continued success in an ever-evolving energy landscape. Furthermore, the commitment to shareholder returns reinforces ONEOK's position as a leader in the energy sector, ready to meet both current and future challenges in energy delivery and infrastructure development.