ONEOK Raises Dividend 4 Accelerates 2B Share Buyback with 172M Repurchase
Published on 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.
Investor opinions & comments
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TylerGonzalez
January 27, 2025 at 16:57
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
KatherineSanchez
January 27, 2025 at 13:08
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
MoneyMandy
January 27, 2025 at 03:38
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
AlexPhillips
January 26, 2025 at 09:36
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
JessicaMoore
January 26, 2025 at 09:02
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
AdamWells
January 26, 2025 at 06:37
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
BudgetBobby
January 26, 2025 at 04:53
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?
WealthyWalter
January 25, 2025 at 20:03
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
CashChris
January 25, 2025 at 11:01
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
PennyParker
January 25, 2025 at 07:27
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
AnthonyBennett
January 25, 2025 at 05:59
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