ONEOK Partners L.P Stock To Go Ex-dividend Tomorrow (OKS)
The ex-dividend date for ONEOK Partners L.P (NYSE:OKS) is tomorrow, January 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 61 cents per share. At a price of $57.62 as of 9:30 a.m., the dividend yield is 4.3%.
NEW YORK ( TheStreet) -- The ex-dividend date for ONEOK Partners L.P (NYSE: OKS) is tomorrow, January 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 61 cents per share. At a price of $57.62 as of 9:30 a.m. ET, the dividend yield is 4.3%. The average volume for ONEOK Partners L.P has been 300,600 shares per day over the past 30 days. ONEOK Partners L.P has a market cap of $7.45 billion and is part of the basic materials sector and energy industry. Shares are down 0.3% year to date as of the close of trading on Wednesday. ONEOK Partners, L.P. engages in the gathering, processing, storage, and transportation of natural gas in the United States. The company has a P/E ratio of 21.6, above the average energy industry P/E ratio of 14.9 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates ONEOK Partners L.P as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full ONEOK Partners L.P Ratings Report. See our dividend calendar or top-yielding stocks list.