ONEOK Partners L.P Stock To Go Ex-dividend Tomorrow (OKS)

NEW YORK ( TheStreet) -- The ex-dividend date for ONEOK Partners L.P (NYSE: OKS) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 64 cents per share. At a price of $55.95 as of 9:30 a.m. ET, the dividend yield is 4.6%.

The average volume for ONEOK Partners L.P has been 427,900 shares per day over the past 30 days. ONEOK Partners L.P has a market cap of $7.29 billion and is part of the basic materials sector and energy industry. Shares are down 3.1% year to date as of the close of trading on Tuesday.

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 16.6, equal to the average energy industry P/E ratio and below 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, good cash flow from operations, notable return on equity and solid stock price performance. 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.
null

If you liked this article you might like

Morgan Stanley, Kirkland Two Busiest Dealmakers in First Quarter

Why These 7 Stocks Are Poised to Explode

How to Trade Hot Stocks Apple, Seadrill, Advanced Micro Devices

Cramer: ONEOK Looks A-OK to Me