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Oneok Inc. (OKE) logo

Oneok Inc.

S&P 500
OKE|Energy|Oil & Gas Midstream|$85.16|P/E 15.2|MCap 53.7B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

57/ 100Caution

OKE's dividend shows some areas that warrant monitoring. Strengths include a 46.2% cfo payout ratio & 15.9% return on equity. Areas of concern: 116.6% fcf payout ratio & 0.7x current ratio.

Based on 15 of 15 metrics

Strengths

  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.
  • Earnings Stability: GrowingEarnings have been stable and supportive of the dividend.

Risks

  • FCF Payout Ratio: 116.6%Free cash flow is tight relative to the dividend.
  • Current Ratio: 0.7xLimited short-term liquidity to meet obligations.
  • 5-Year Dividend CAGR: 1.9%Dividend growth has been weak or negative.

Payout & Coverage

Caution
Earnings Payout Ratio
74.2%Caution
FCF Payout Ratio
116.6%Danger
CFO Payout Ratio
46.2%Safe
Interest Coverage
3.5xCaution

Balance Sheet

Caution
Net Debt / Total Assets
49.1%Caution
Current Ratio
0.7xWarning
Debt-to-Equity
149.6Caution

Profitability

Caution
Return on Equity
15.9%Safe
Operating Margin
14.9%Caution
Gross Margin
22.7%Caution
Profit Margin Stability
ModerateCaution

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
1.9%Warning
Earnings Stability
GrowingVery Safe

About Oneok Inc.

Oneok Inc. is a leading midstream service provider specializing in natural gas gathering, processing, storage, transportation, and natural gas liquids (NGLs) transportation and fractionation. It operates extensive pipeline networks and facilities connecting producers, refiners, and consumers across key U.S. regions, including the Mid-Continent, Permian Basin, Rocky Mountain, North Texas, and Gulf Coast areas. The company also manages refined products and crude oil segments, handling transportation, storage, and distribution of gasoline, diesel, aviation fuel, kerosene, heating oil, and purity NGLs. Additional services encompass regulated interstate and intrastate natural gas pipelines, marine export capabilities, commodity-related activities like liquids blending and marketing, and leasing of equipment such as pipeline capacity and rail cars. Oneok Inc. serves a diverse clientele, including integrated and independent exploration and production companies, utilities, industrial firms, petrochemical companies, refineries, and exporters. Founded in 1906 and headquartered in Tulsa, Oklahoma, it plays a vital role in the energy infrastructure landscape.

Dividend Overview

Dividend Yield

4.93%

Annual Dividend

$4.20

Frequency

Quarterly

Payout Ratio

74.15%

FCF Payout Ratio

116.59%

Stock Price

$85.16

52-Week Range

$64.02 $95.30

Dividend History (2016–2025)

OKE annual dividend per share and yield history

Earnings & Profitability

OKE earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 4, 2026

Next Payment Date

May 15, 2026

Dividend Growth

3-Year Dividend CAGR

3.28%

5-Year Dividend CAGR

1.95%

10-Year Dividend CAGR

5.42%

3-Year Total Growth

10.16%

5-Year Total Growth

10.16%

10-Year Total Growth

69.55%

Income Calculator

OKE Dividend Calculator

Total Investment

$8,516.00

Annual Income

$420.00

Quarterly Income

$105.00

Monthly Income

$35.00

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Frequently Asked Questions

What is OKE's current dividend yield?
Oneok Inc. (OKE) currently has a dividend yield of 4.93%, based on a stock price of $85.16 and an annual dividend of $4.20.
When is OKE's next dividend payment date?
OKE's next ex-dividend date is 2026-05-04 and the next payment date is 2026-05-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does OKE pay in dividends per year?
Oneok Inc. paid $4.12 per share in annual dividends in 2025. The dividends are paid quarterly.
Has OKE been increasing its dividend?
Oneok Inc. has grown its dividend at a 5-year CAGR of 1.95% and a 10-year CAGR of 5.42%.
Is OKE's dividend safe?
Oneok Inc. has a payout ratio of 74.15%. Its free cash flow payout ratio is 116.59%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is OKE's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Oneok Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for energy companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.