ONEOK Inc. (OKE) for High Yield - Sept 23

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dan_s
Posts: 34463
Joined: Fri Apr 23, 2010 8:22 am

ONEOK Inc. (OKE) for High Yield - Sept 23

Post by dan_s »

I just posted my updated profile on ONEOK to the EPG website.

> It a C-Corp. that pays regular qualified dividends. Current yield is ~7%.
> Oil and gas prices have very little direct impact on the Company's revenues since most if its revenues are fee based.
> It gets most of its revenues from the gathering, transportation and storage of natural gas and NGLs.

The older I get the more I appreciate companies that pay nice dividends.
Dan Steffens
Energy Prospectus Group
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