How To Earn $500 A Month From ONEOK Stock Ahead Of Q4 Earnings Results
Portfolio Pulse from Avi Kapoor
ONEOK, Inc. (NYSE:OKE) is set to announce its Q4 earnings on Feb. 26, 2024, with expected earnings of $1.20 per share and revenue of $5.89 billion, up from the previous year. The company has increased its quarterly dividend by 3.7% to 99 cents, aiming for an annual dividend growth of 3-4%. Additionally, a $2 billion share repurchase program has been authorized. The article also explains how to generate a monthly income of $500 from ONEOK dividends, requiring ownership of approximately 1,515 shares.
February 23, 2024 | 1:49 pm
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ONEOK, Inc. is expected to report increased earnings and revenue for Q4, has raised its dividend, and announced a $2 billion share repurchase program.
The expected increase in earnings and revenue indicates a strong financial performance. The dividend increase and share repurchase program signal confidence in future growth, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100