ONEOK, Inc. (NYSE:OKE) Updates On Dividend Release Date


On 2016-07-29, ONEOK, Inc. (NYSE:OKE) confirmed the dividend disbursement of $0.615 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-14 while ex-dividend date is reported to be 2016-08-04.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, ONEOK, Inc. (NYSE:OKE) paid a total of $0.615 per share in dividends. This figure stood at $0.615 a share in the same period a year ago indicating a deviation of -77.1938%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $43.75 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $49 and $32, respectively.

Taking the mathematical rating formula, the price for ONEOK, Inc. (NYSE:OKE) stands at 2.79. Earnings Review ONEOK, Inc. (NYSE:OKE) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.42.

Coming to the quarter ending on 2015-12-31, ONEOK, Inc. (NYSE:OKE) recorded EPS of $0.41. The reported numbers came lower than the analysts’ estimates of $0.42, demonstrating a miss of $-0.01 as against reported figures.

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