ONEOK Dividend
Dividend criteria checks 6/6
ONEOK is a dividend paying company with a current yield of 5.01% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
5.0%
Dividend yield
70%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | 15 May 24 |
Ex dividend date | 30 Apr 24 |
Dividend per share | n/a |
Earnings per share | €4.55 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ONK's dividends per share have been stable in the past 10 years.
Growing Dividend: ONK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
ONEOK Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ONK) | 5.0% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Oil and Gas) | 3.2% |
Analyst forecast in 3 Years (ONK) | 5.4% |
Notable Dividend: ONK's dividend (5.01%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: ONK's dividend (5.01%) is in the top 25% of dividend payers in the German market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.2%), ONK's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.8%), ONK's dividend payments are covered by cash flows.