This Energy Stock Still Has No Plans of Cutting Its 13.7%-Yielding Dividend

This Energy Stock Still Has No Plans of Cutting Its 13.7%-Yielding Dividend
Stock of pipeline giant ONEOK (NYSE: OKE) have cratered more than 60% this year. That sell-off has pushed the company’s dividend yield up to an eye-popping 13.7%. One of the main factors weighing on its valuation is the impact of this year’s oil market downturn on ONEOK’s v

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Market news summary from Nasdaq Market News.
Author: The Motley Fool

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