Warren Buffett: make income while you sleep. Number one on that list of three: ONEOK. Yield, 7.3%.
OKE has an investor-friendly management team. The company has provided a stable dividend for over 25 years. For the past 18 years, they have provided consistent dividend increases. The current dividend of $0.935/ share calculates to a 7.3% annualized yield. OKE has the third-highest dividend yield in the S&P 500 behind Altria and Lumen Technologies. Not just that, OKE has significantly outperformed the S&P 500 in the past 15 years.
For the record, I've been accumulating OKE for my daughters and grandchildren for years, first brought to my attention by a reader. Thank you very much.
Very scary thread for shale oil energy investors. The author is very, very well respected. I take him seriously -- assuming he's a "he" and binary. Link here.
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