Read full definition. This is a risky practice.
The utilities provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.19), RTT News reports. Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.Please enter Portfolio Name for new portfolio.Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. To summarise, shareholders should always check that ONEOK’s dividends are affordable, that its dividend payments are relatively stable, and that it has decent prospects for growing its earnings and dividend. Goldman Sachs Group downgraded shares of ONEOK from a “buy” rating to a “neutral” rating and set a $36.00 price target on the stock. During the past 13 years, the highest Dividend Payout Ratio of ONEOK was 2.11. The gurus listed in this website are not affiliated with GuruFocus.com, LLC.Stock quotes provided by InterActive Data. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions.SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Shares Sold by NBT Bank N A NYONEOK has raised its dividend by an average of 43.5% annually over the last three years and has increased its dividend annually for the last 17 consecutive years. in a research report on Thursday, April 30th. ONEOK, Inc. (NYSE:OKE) – Seaport Global Securities reduced their Q4 2020 earnings per share (EPS) estimates for ONEOK in a note issued to investors on Monday, July 27th. However, risks to the dividend remain since another deep dive in crude oil prices might force ONEOK to reduce its payout.
The dividend payout ratio of ONEOK Inc is 1.88, which seems too high. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. ONEOK Stock Historical Dividends and Yields - OKE : Stock dividend history, yield and payout ratio data.
Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have assigned a buy rating to the company’s stock. A lower payout ratio may indicate that the company has more room to increase its dividends.
ONEOK had a return on equity of 21.11% and a net margin of 8.40%. OKE has been the subject of several recent research reports. Payout ratios above 75% are not desirable because they may not be sustainable. Mizuho cut their price objective on shares of ONEOK from $40.00 to $34.00 and set a “neutral” rating for the company in a research report on Tuesday, July 7th. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
Other Dividend Payout Ratios Oil And Gas Production Industry Dividend Payout Trends and Statistics
Payout Ratio Definition.
Analysts expect ONEOK to earn $2.67 per share next year, which means the company may not be able to cover its $3.74 annual dividend with an expected future payout ratio of 140.1%.Stone Harbor Emerging Mkt Total Incom FD to Issue Monthly Dividend of $0.08 (NYSE:EDI) ONEOK has raised its dividend by an average of 43.5% annually over the last three years and has increased its dividend annually for the last 17 consecutive years.
Another important check …