OKE - How To Earn $500 A Month From ONEOK Stock Ahead Of Q4 Earnings Results | Benzinga
ONEOK, Inc. (NYSE: OKE) is scheduled to release earnings results for its fourth quarter, after the closing bell on Feb. 26, 2024.
Analysts expect the company to report quarterly earnings at $1.20 per share, up from year-ago earnings of $1.08 per share. The company is projected to post revenue of $5.89 billion for the latest quarter, compared to $5.03 billion in the year-earlier quarter, according to data from Benzinga Pro.
The company recently raised its quarterly dividend per share by 3.7% to 99 cents, which resulted in an annualized dividend per share of $3.96. OKE is targeting an annual dividend growth rate of 3% to 4% in the future.
The company’s board also authorized a $2 billion share repurchase program and expects it to be completed in the next four years.
With the recent buzz around ONEOK, some investors may be eyeing potential gains from the company’s dividends. As of now, ONEOK has a dividend yield of 5.37%, which is a quarterly dividend amount ...