ONEOK, Inc.

ONEOK, Inc.

OKEยทNYSE

$86.75

+0.035%
EnergyOil & Gas Midstream

ONEOK, Inc., together with its subsidiaries, engages in 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. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 17,500 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; six NGL storage facilities; and eight NGL product terminals. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution and electric generation companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.

At a Glance

Live Snapshot
Market Cap$54.66B
EPS5.4300
P/E Ratio13.64
Earnings Date08/03/2026
1.18%
Dividend Yield
-16%
3Y-21.0%
5Y-36.0%
10Y-8.0%
87.08%
Dividend Payout Ratio
32%
3Y+114.0%
5Y-19.0%
10Y-42.0%
3Y+58.0%
5Y+62.0%
10Y+421.0%
ONEOK, Inc.

ONEOK, Inc. Dividend History

OKE ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

OKE Dividend Payment History

OKE ยท NYSE

Total Payments

50

Latest Dividend

$1.0700

Annual Amount

$5.2300

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 23, 2026
May 4, 2026May 15, 2026
$1.0700
$1.0700
Quarterly0.00%
Jan 21, 2026
Feb 2, 2026Feb 13, 2026
$1.0700
$1.0700
Quarterly+3.88%
Oct 15, 2025
Nov 3, 2025Nov 14, 2025
$1.0300
$1.0300
Quarterly0.00%
Jul 16, 2025
Aug 1, 2025Aug 14, 2025
$1.0300
$1.0300
Quarterly0.00%
Apr 24, 2025
May 5, 2025May 15, 2025
$1.0300
$1.0300
Quarterly0.00%
Jan 22, 2025
Feb 3, 2025Feb 14, 2025
$1.0300
$1.0300
Quarterly+4.04%
Oct 16, 2024
Nov 1, 2024Nov 14, 2024
$0.9900
$0.9900
Quarterly0.00%
Jul 17, 2024
Aug 1, 2024Aug 14, 2024
$0.9900
$0.9900
Quarterly0.00%
Apr 18, 2024
May 1, 2024May 15, 2024
$0.9900
$0.9900
Quarterly0.00%
Jan 17, 2024
Jan 30, 2024Feb 14, 2024
$0.9900
$0.9900
Quarterly+3.66%
Oct 18, 2023
Nov 1, 2023Nov 14, 2023
$0.9550
$0.9550
Quarterly0.00%
Jul 19, 2023
Aug 1, 2023Aug 14, 2023
$0.9550
$0.9550
Quarterly0.00%
Apr 20, 2023
May 1, 2023May 15, 2023
$0.9550
$0.9550
Quarterly0.00%
Jan 18, 2023
Jan 30, 2023Feb 14, 2023
$0.9550
$0.9550
Quarterly+2.14%
Oct 19, 2022
Nov 1, 2022Nov 14, 2022
$0.9350
$0.9350
Quarterly0.00%
Jul 20, 2022
Aug 1, 2022Aug 15, 2022
$0.9350
$0.9350
Quarterly0.00%
Apr 21, 2022
May 2, 2022May 16, 2022
$0.9350
$0.9350
Quarterly0.00%
Jan 19, 2022
Jan 31, 2022Feb 14, 2022
$0.9350
$0.9350
Quarterly0.00%
Oct 20, 2021
Nov 1, 2021Nov 15, 2021
$0.9350
$0.9350
Quarterly0.00%
Jul 21, 2021
Aug 2, 2021Aug 16, 2021
$0.9350
$0.9350
Quarterly0.00%
Apr 15, 2021
Apr 26, 2021May 14, 2021
$0.9350
$0.9350
Quarterly0.00%
Jan 20, 2021
Feb 1, 2021Feb 12, 2021
$0.9350
$0.9350
Quarterly0.00%
Oct 21, 2020
Nov 2, 2020Nov 13, 2020
$0.9350
$0.9350
Quarterly0.00%
Jul 22, 2020
Aug 3, 2020Aug 14, 2020
$0.9350
$0.9350
Quarterly0.00%
Apr 16, 2020
Apr 27, 2020May 14, 2020
$0.9350
$0.9350
Quarterly0.00%
Jan 15, 2020
Jan 27, 2020Feb 14, 2020
$0.9350
$0.9350
Quarterly+2.19%
Oct 23, 2019
Nov 4, 2019Nov 14, 2019
$0.9150
$0.9150
Quarterly+2.81%
Jul 24, 2019
Aug 6, 2019Aug 14, 2019
$0.8900
$0.8900
Quarterly+2.89%
Apr 18, 2019
Apr 29, 2019May 15, 2019
$0.8650
$0.8650
Quarterly+0.58%
Jan 16, 2019
Jan 28, 2019Feb 14, 2019
$0.8600
$0.8600
Quarterly+0.58%
Oct 24, 2018
Nov 5, 2018Nov 14, 2018
$0.8550
$0.8550
Quarterly+3.64%
Jul 25, 2018
Aug 6, 2018Aug 14, 2018
$0.8250
$0.8250
Quarterly+3.77%
Apr 19, 2018
Apr 30, 2018May 15, 2018
$0.7950
$0.7950
Quarterly+3.25%
Jan 17, 2018
Jan 29, 2018Feb 14, 2018
$0.7700
$0.7700
Quarterly+3.36%
Oct 25, 2017
Nov 6, 2017Nov 14, 2017
$0.7450
$0.7450
Quarterly0.00%
Jul 26, 2017
Aug 7, 2017Aug 14, 2017
$0.7450
$0.7450
Quarterly+21.14%
Apr 21, 2017
May 1, 2017May 15, 2017
$0.6150
$0.6150
Quarterly0.00%
Jan 19, 2017
Jan 30, 2017Feb 14, 2017
$0.6150
$0.6150
Quarterly0.00%
Oct 20, 2016
Oct 31, 2016Nov 14, 2016
$0.6150
$0.6150
Quarterly0.00%
Jul 29, 2016
Aug 8, 2016Aug 14, 2016
$0.6150
$0.6150
Quarterly0.00%
Apr 21, 2016
May 2, 2016May 13, 2016
$0.6150
$0.6150
Quarterly0.00%
Jan 22, 2016
Feb 1, 2016Feb 12, 2016
$0.6150
$0.6150
Quarterly0.00%
Oct 22, 2015
Nov 2, 2015Nov 13, 2015
$0.6150
$0.6150
Quarterly+1.65%
Jul 24, 2015
Aug 3, 2015Aug 14, 2015
$0.6050
$0.6050
Quarterly0.00%
Apr 16, 2015
Apr 30, 2015May 15, 2015
$0.6050
$0.6050
Quarterly0.00%
Jan 14, 2015
Jan 30, 2015Feb 13, 2015
$0.6050
$0.6050
Quarterly+2.54%
Oct 22, 2014
Nov 3, 2014Nov 14, 2014
$0.5900
$0.5900
Quarterly+2.61%
Jul 23, 2014
Aug 4, 2014Aug 14, 2014
$0.5750
$0.5750
Quarterly+2.68%
Apr 17, 2014
Apr 30, 2014May 15, 2014
$0.5600
$0.5600
Quarterly+40.00%
Jan 15, 2014
Feb 10, 2014Feb 18, 2014
$0.4000
$0.4000
Quarterly-
oke

ONEOK, Inc. Payout Ratio Analysis

OKE ยท NYSE
Dividends Paid
-2.58B
2025
Net Income
3.40B
2025
Payout Ratio
76.08%
2025

Dividend Sustainability Analysis

Payout Ratio
76.08%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
105.6%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
-11.7%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.