This Magnificent High-Yield Dividend Stock Is Making $5.9 Billion of Acquisitions to Supercharge Its Growth Engine
ONEOK(OKE) The Motley Fool·2024-08-31 10:25
Oneok is making two acquisitions to enhance its portfolio and growth profile. Oneok (OKE 2.45%) has done a magnificent job paying dividends over the years. The pipeline giant has delivered over a quarter-century of dividend stability and growth. While it hasn't increased its payout every single year, it has grown its dividend by a peer-leading rate of more than 150% over the last decade. The pipeline stock is now adding even more fuel to grow its high-yielding dividend (recently around 4.5%). It's making tw ...