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Cash Dividend On The Way From ONEOK Partners (OKS)

Looking at the universe of stocks we cover at Dividend Channel , on 1/28/15, ONEOK Partners LP (Symbol: OKS) will trade ex-dividend, for its quarterly dividend of $0.79, payable on 2/13/15. As a percentage of OKS's recent stock price of $44.01, this dividend works out to approximately 1.80%, so look for shares of ONEOK Partners LP to trade 1.80% lower - all else being equal - when OKS shares open for trading on 1/28/15.

OKS+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OKS is likely to continue, and whether the current estimated yield of 7.18% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OKS shares, versus its 200 day moving average:

ONEOK Partners LP 200 Day Moving Average Chart
Looking at the chart above, OKS's low point in its 52 week range is $36.67 per share, with $59.67 as the 52 week high point - that compares with a last trade of $43.92. According to the ETF Finder at ETF Channel, OKS makes up 4.41% of the MLP ETF (Symbol: MLPA) which is trading up by about 0.9% on the day Monday. In Monday trading, ONEOK Partners LP shares are currently up about 2.8% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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