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OKE - ONEOK's Fat 5.8% Yield Supports Outperforming Total Returns
June, 13 2022 05:23 AM
ONEOK Inc.
In this article, I start by explaining why high-yield stocks are able to outperform the market - especially in times of rising rates. ONEOK is one of my favorite high-yield stocks, as it benefits from strong and rising free cash flow and an increasingly healthy balance sheet. OKE stock's valuation is attractive, and I believe that management will pick up satisfying dividend growth in the year(s) ahead. For further details see:
ONEOK's Fat 5.8% Yield Supports Outperforming Total Returns
Stock Information
Company Name:
ONEOK Inc.
Stock Symbol:
OKE
Market:
NYSE
Website:
oneok.com
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