Trailing Dividend / Share
$4.09
ONEOK, Inc. (OKE) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
4.8%
Payout Ratio
76.1%
Watch
Dividend Streak
3 years
OKE Dividend Income Check
Safety
76.1% payout ratio with watch safety profile.
Consistency
3 straight years of dividend increases.
Income Trend
Yield on cost is 11.0% and trend is rising.
OKE Dividend Scorecard
Yield & Income
Dividend Yield4.8%
Trailing DPS$4.09
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout76.1%
Earnings SafetyWatch
FCF Payout115.0%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak3 years
3Y CAGR3.3%
5Y CAGR2.0%
Yield on Cost (5Y)11.0%
YOC Trendrising
Total Returns
Buyback Yield0.1%
Total Shareholder Yield5.0%
1Y Total Return9.9%
5Y Total Return97.4%
Div Contribution (5Y)37.1%
Estimated $10K growth (return + dividends):
5Y ago$19,74410Y ago$26,28520Y ago$92,853
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
OKE Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
OKE Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get OKE's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
ONEOK, Inc. distributes 76.1% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 115.0%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
OKE has raised its dividend for 3 consecutive years, with a 3-year CAGR of 3.3% and 5-year CAGR of 2.0%.
Total Shareholder Returns
Beyond cash dividends, OKE returns capital through share repurchases. The combined picture: 4.8% dividend yield, 0.1% buyback yield, 5.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 11.0% and is currently rising. The 5-year total return is 97.4%, with dividends contributing 37.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $26,285 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
OKE Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$19.65
Avg/Payment$0.9825
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 4, 2026Latest | $1.0700 | — | 4.63% | May 15, 2026 |
| Feb 2, 2026 | $1.0700 | ↑ +3.9% | 5.52% | Feb 13, 2026 |
| Nov 3, 2025 | $1.0300 | — | 6.30% | Nov 14, 2025 |
| Aug 1, 2025 | $1.0300 | — | 5.17% | Aug 14, 2025 |
| May 5, 2025 | $1.0300 | — | 5.04% | May 15, 2025 |
| Feb 3, 2025 | $1.0300 | ↑ +4.0% | 4.10% | Feb 14, 2025 |
| Nov 1, 2024 | $0.9900 | — | 4.24% | Nov 14, 2024 |
| Aug 1, 2024 | $0.9900 | — | 4.78% | Aug 14, 2024 |
OKE Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
4.8%
#3 of 9
Safety
Watch
76.1% payout
Streak
3Y
2.0% 5Y CAGR
Total Shareholder
5.0%
#4 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd OKEONEOK, Inc. | $53.6B | 4.8% | 76.1% | 3 | Watch |
 WMBThe Williams Compani… | $89.4B | 2.7% | 93.3% | 8 | At Risk |
 KMIKinder Morgan, Inc. | $70.3B | 3.7% | 85.2% | 8 | At Risk |
 TRGPTarga Resources Corp… | $55.5B | 1.5% | 44.4% | 4 | Sustainable |
 DTMDT Midstream, Inc. | $14.6B | 2.2% | 73.5% | 5 | Watch |
1st  MPLXMPLX Lp | $57.7B | 6.9% | 81.8% | 4 | Watch |
2nd  EPDEnterprise Products … | $79.1B | 5.8% | 80.5% | 28 | Watch |
 AMAntero Midstream Cor… | $10.3B | 4.2% | 1.1% | 0 | Sustainable |
 CTRACoterra Energy Inc. | $24.7B | 2.8% | 39.7% | 2 | Sustainable |
OKE Annual Dividend History (1985–2026)
42 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.14 | — | 2 | — | — | — | 5.7% |
| 2025 | $4.12 | 4.0% | 4 | $5.42 | 76.0% | 1.32x | 11.0% |
| 2024 | $3.96 | 3.7% | 4 | $5.17 | 76.6% | 1.31x | 10.6% |
| 2023 | $3.82 | 2.1% | 4 | $5.48 | 69.7% | 1.43x | 10.2% |
| 2022 | $3.74 | 0.0% | 4 | $3.84 | 97.4% | 1.03x | 10.0% |
| 2021 | $3.74 | 0.0% | 4 | $3.35 | 111.6% | 0.90x | 10.0% |
| 2020 | $3.74 | 5.9% | 4 | $1.42 | 263.4% | 0.38x | 10.0% |
| 2019 | $3.53 | 8.8% | 4 | $3.08 | 114.6% | 0.87x | 9.4% |
| 2018 | $3.24 | 19.3% | 4 | $2.78 | 116.7% | 0.86x | 8.7% |
| 2017 | $2.72 | 10.6% | 4 | $1.29 | 210.9% | 0.47x | 7.3% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into OKE consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
41+ years return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
OKE — Frequently Asked Questions
Quick answers to the most common questions about buying OKE stock.
How much dividend does OKE pay per share?
ONEOK, Inc. (OKE) pays a trailing 12-month dividend of $4.09 per share, with a current dividend yield of +4.8%. Payments are made Semi-Annual.
When is OKE's next ex-dividend date?
OKE's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. OKE typically pays dividends Semi-Annual.
Is OKE's dividend safe?
OKE's dividend safety is rated "Watch" based on an earnings payout ratio of +76.1% and FCF payout ratio of +115.0%. The 3-year growth streak provides moderate confidence.
Is OKE a Dividend Payer?
Yes, ONEOK, Inc. is classified as a Dividend Payer with 3 consecutive years of dividend increases. The 5-year dividend CAGR is +2.0%, demonstrating modest dividend growth.
How often does OKE pay dividends?
ONEOK, Inc. pays dividends Semi-Annual. The trailing 12-month total is $4.09 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in OKE grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in OKE five years ago would be worth approximately $19,744 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is OKE's yield on cost for long-term holders?
OKE's yield on cost — the current dividend divided by the original purchase price — is +11.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.8% market yield, thanks to consistent dividend growth.