Does ONEOK (OKE) Pay a Dividend? (2026)
Short answer
ONEOK (OKE) pays a dividend with an approximate yield of ~4.7% (annualized dividend of $4.28/share) as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does ONEOK (OKE) pay a dividend?
Yes. ONEOK distributes an approximate ~4.7% (annualized dividend of $4.28/share) yield (early 2026), usually quarterly. ONEOK's trailing P/E of approximately 15x to 16x sits modestly below its peer group average of roughly 17.5x and well below its own 10-year historical average of approximately 23x, reflecting market uncertainty around integration complexity and a cautious 2026 volume outlook. The EV/EBITDA multiple of approximately 11x is consistent with large-cap midstream peers and suggests the market is pricing in a period of consolidation rather than re-acceleration. Free cash flow of approximately $2.5 billion in fiscal 2025 comfortably covers the dividend, supporting the roughly 76% payout ratio.
How to think about OKE's dividend
- Yield is a snapshot: ~4.7% (annualized dividend of $4.28/share) today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like OKE.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the OKE dividend
ONEOK (OKE) pays an approximate ~4.7% (annualized dividend of $4.28/share) dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the OKE guide. Walnut can show how OKE fits your real portfolio. It is not an investment adviser.
Build a basket around OKE with Walnut
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FAQ
Does ONEOK (OKE) pay a dividend?
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ONEOK has an approximate dividend yield of ~4.7% (annualized dividend of $4.28/share) (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or OKE's investor relations page.
What is OKE's dividend yield?
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Approximately ~4.7% (annualized dividend of $4.28/share) as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.
How often does OKE pay its dividend?
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US companies that pay dividends, like ONEOK if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on OKE's investor relations page before relying on the timing.
Can I reinvest OKE dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any OKE dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is OKE a good dividend stock?
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Walnut is informational, not investment advice. With an approximate ~4.7% (annualized dividend of $4.28/share) yield, OKE is more of an income name. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does OKE pay a dividend?
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Yes. ONEOK pays a quarterly cash dividend. As of early 2026, the annualized dividend is $4.28 per share, reflecting a 4% increase the board declared in late 2025. The forward dividend yield is approximately 4.7%. The payout ratio is around 76%, and free cash flow has comfortably covered the dividend in recent fiscal years.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with OKE's investor relations page or your broker.