ONEOK, Inc. (OKE) just declared $0.745 quarterly dividend. This is an increase of 21.1% from $0.615.
I own 45 shares, so this will increase my annual dividend income by $23.4 to $3,918.58
I updated both my Passive Income page as well as my Portfolio page to reflect the changes.
My Thoughts:
I am very very happy with my holding of OKE and do not plan to add more shares anytime soon unless there is a big drop in price. I have been doing very well with this holding as I am up 72.28%.
I am very very happy with this dividend increase as well! When can you say that you received a 21.1% pay increase from work? This is why I love dividend growth investing. Last year they did not increase the dividend and the year before it was only a 1.7% increase, so this increase is very much a happy surprise to me.
I find the stock to be slightly overvalued and I would recommend a Hold.
Thanks for reading, and don’t forget to follow me:
Do you own OKE? Happy about the dividend increase?
Image by ddpavumba at FreeDigitalPhotos.net
Welcome to my Blog. Here I like to talk about the two things that I am very passionate about which are Investing and Traveling. Please feel free to explore the site and check out the About Me page for more information. Thank you for visiting. 
Looks like a good one to investigate further, thank you!
Yea it is. It has been a great holding for me.