OKE Dividend Calculator
ONEOK, Inc. yields 4.71%, comfortably above the 2.92% median across US dividend payers. That puts OKE in the range where the income is the main reason to hold it, and where the durability of the payment does most of the work in any long-run figure.
OKE paid $4.24 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.
Your investment
OKE
ONEOK, Inc.
4.71%
yield
Dividend income
$10,000 in OKE pays you
$470.64
per year
- Paid each quarter
- $117.66
- Monthly average
- $39.22
- Shares bought
- 111
- Payments a year
- 4
Total over 10 years, taken as cash
$4,706.40
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
OKE dividend income by investment amount
Based on the current yield of 4.71%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $47.06 | $11.77 | $3.92 |
| $5,000 | $235.32 | $58.83 | $19.61 |
| $10,000 | $470.64 | $117.66 | $39.22 |
| $25,000 | $1,176.60 | $294.15 | $98.05 |
| $50,000 | $2,353.20 | $588.30 | $196.10 |
| $100,000 | $4,706.40 | $1,176.60 | $392.20 |
OKE with dividends reinvested
$10,000 in OKE, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $15,966
- After 20 years
- $25,492
- After 30 years
- $40,701
$14,706 taking the income as cash
$19,413 taking the income as cash
$24,119 taking the income as cash
What makes up OKE's 4.71% yield
OKE paid $4.24 per share over the last twelve months against a share price of $90.09, which is where the 4.71% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
Yields at this level usually have a structural explanation rather than a mispricing: the company is organised to distribute income rather than retain it. Worth checking how OKE's current yield compares with its own history, since a sharp recent rise more often reflects a falling price than a raised payment.
Energy dividends are funded by cash flows that move with commodity prices, so the yield on this page reflects one point in a cycle rather than a settled level. Several large producers pay a base dividend topped up by a variable component, and a trailing yield blends the two.
When OKE pays, and what that changes
OKE pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. OKE's full schedule and payment history are on its dividend page.
Is OKE's dividend covered by earnings?
OKE's payout ratio of 0.72 means about 72% of earnings are committed to the dividend. That is within earnings but a narrower margin than the sub-0.60 range generally considered comfortable, so a weaker year absorbs more of the cover.
That ratio deserves a caveat specific to cyclical earnings, though: it is struck against one year's profits, and in this kind of business those profits swing with prices the company does not set. A comfortable-looking ratio at the top of a cycle and a stretched one at the bottom can describe an unchanged dividend — so the level matters less here than where in the cycle it was measured.
The figures hold the dividend flat. OKE has raised its payment in each of the last 3 years, which is a shorter record than the multi-decade streaks found among the longest-standing payers, and not yet long enough to have been tested across a full cycle.
OKE dividend calculator FAQ
- How much does $10,000 in OKE pay in dividends?
- At OKE's current yield of 4.71%, $10,000 pays about $470.64 a year — roughly $117.66 per payment, paid quarterly, or $39.22 a month averaged out.
- What would OKE be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in OKE would grow to about $15,966 after 10 years, against $14,706 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does OKE pay dividends?
- OKE pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
- Is OKE's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check OKE's full payment history before relying on any of it.
- Why is OKE's dividend yield so high?
- OKE yields 4.71% against a 2.92% median across US dividend payers. A yield is a ratio, so it rises either because the payment went up or because the share price came down — and the figure alone does not say which. Yields this far above the market among ordinary operating companies are unusual and often reflect what the market expects rather than what has been announced.
More on OKE
ONEOK, Inc. is a common stock trading at $90.09 per share, paying quarterly. — All figures before tax. Not financial advice.