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ONEOK Raises Dividend 4 Accelerates 2B Share Buyback with 172M Repurchase

January 24, 2025
ONEOK, Inc. (NYSE:OKE) announced today that it will be raising its quarterly dividend by 4% and accelerating its $2 billion share buyback program with a repurchase of $172 million worth of shares. This decision reflects the company's strong financial position and its commitment to delivering value to its shareholders. ONEOK is a leading midstream service provider in the energy sector, operating pipelines and storage facilities across the United States. The increased dividend and accelerated share buyback demonstrate the company's confidence in its future prospects and its ability to generate sustainable cash flows. Investors looking to capitalize on the growth potential of ONEOK should consult professionals from Stocks Prognosis for expert advice on the stock's movement and potential returns.

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Investor opinions & comments:

I'm definitely interested in ONEOK, especially with this news. The energy sector can be volatile, but ONEOK seems to be taking proactive steps to generate shareholder value
— from TylerGonzalez at 01-27-2025 16:57
I'm a long-term investor in ONEOK and I believe in the company's potential. This news only reinforces my confidence in its ability to generate sustainable cash flows and provide solid returns for shareholders
— from KatherineSanchez at 01-27-2025 13:08
I'm a bit skeptical about ONEOK's ability to deliver value to its shareholders in the long term. The energy sector is facing many challenges and uncertainties, and it's unclear how the company will navigate through them
— from MoneyMandy at 01-27-2025 03:38
This is great news for ONEOK shareholders! The increased dividend and accelerated share buyback show the company's strong financial position and confidence in its future prospects
— from AlexPhillips at 01-26-2025 09:36
As a long-time shareholder, I'm pleased with ONEOK's decision to raise its dividend and accelerate its share buyback program. It's a testament to the company's strong financial position and commitment to shareholder value
— from JessicaMoore at 01-26-2025 09:02
I've been considering investing in ONEOK, and this news is making me seriously consider it. The increased dividend and share buyback program are attractive to me as an investor
— from AdamWells at 01-26-2025 06:37
I'm not so sure about this decision. With the current state of the energy sector, is it really wise for ONEOK to be spending so much on share buybacks? Will they be able to maintain this level of dividend in the long run?
— from BudgetBobby at 01-26-2025 04:53
I'm thrilled to see ONEOK increasing its dividend and accelerating its share buyback program. As a shareholder, this shows me that the company is committed to rewarding investors and creating long-term value
— from WealthyWalter at 01-25-2025 20:03
I'm optimistic about ONEOK's future prospects, and this news only adds to my confidence. The increased dividend and share buyback program are signs of a company that is focused on creating value for its shareholders
— from CashChris at 01-25-2025 11:01
I've been keeping an eye on ONEOK for a while now, and this news is definitely encouraging. I'm excited to see how the stock performs in the coming months
— from PennyParker at 01-25-2025 07:27
ONEOK has been performing well, and this news further supports my belief in the company's growth potential. I'm excited to see how the stock moves in response to this positive announcement
— from AnthonyBennett at 01-25-2025 05:59
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On March 20, 2025, QuantWave, the automated forecasting platform, successfully predicted a short direction for the stock of ONEOK, INC. with a price target of $79.85....

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ONEOK, INC. has successfully reached the price target forecast set by QuantWave on April 4, 2025. The forecast, which indicated a short position with a target price of 79....

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