ONEOK, Inc. (NYSE:OKE) Files An 8-K Regulation FD DisclosureItem 7.01
ONEOK, Inc. (NYSE:OKE) Files An 8-K Regulation FD Disclosure
Regulation FD Disclosure
On January 18, 2017, we announced that our board of directors approved a cash dividend of 61.5 cents per share of common stock. A copy of the news release is attached as Exhibit 99.1 and is incorporated herein by reference.
On January 18, 2017, ONEOK Partners, L.P. (ONEOK Partners) announced that the board of directors of its general partner, ONEOK Partners GP, L.L.C., a wholly owned subsidiary of ONEOK, Inc., approved a cash distribution of 79 cents per unit for the fourth quarter 2016. A copy of the news release is attached as Exhibit 99.2 and is incorporated herein by reference.
The information disclosed in this Item 7.01, including Exhibits 99.1 and 99.2 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities under that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as expressly set forth by specific reference in such filing.
Item 8.01
Other Events
On January 18, 2017, our board of directors approved a cash dividend of 61.5 cents per share of common stock, payable February 14, 2017, to shareholders of record at the close of business January 30, 2017.
On January 18, 2017, the board of directors of ONEOK Partners’ general partner, ONEOK Partners GP, L.L.C., approved a cash distribution of 79 cents per unit for the fourth quarter 2016. The fourth-quarter distribution is payable on February 14, 2017, to unitholders of record as of January 30, 2017.
We own approximately 114.3 million common and Class B limited partner units and the entire 2 percent general partner interest, including incentive distribution rights, which together represented a 41.2 percent ownership interest in ONEOK Partners as of September 30, 2016. We receive our portion of the referenced fourth-quarter distribution in accordance with our ownership interests as provided under the terms of the ONEOK Partners partnership agreement.
Item 9.01
Financial Statements and Exhibits
(d)
Exhibits
Exhibit
Number
Description
99.1
News release issued by ONEOK, Inc. dated January 18, 2017 – Dividend.
99.2
News release issued by ONEOK Partners, L.P. dated January 18, 2017 – Quarterly Distribution.