For investors:
In September 2012, ONEOK indicated that it expects to increase its total dividend by approximately 65 to 70 percent between 2012 and 2015, including dividend increases of 3 cents per share semiannually in 2013, subject to approval by its board of directors. It also affirmed a long-term dividend payout target of 60 to 70 percent of recurring earnings.
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Since January 2006, the company has increased the dividend 14 times, representing a 136-percent increase during that period. OKE has a current dividend yield of 2.98% with a 5-year average dividend growth rate of 12.9%.
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