ONEOK hikes dividend, approves $2B buyback plan By Investing.com

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<p dir="ltr">Investing.com — Here is your Pro Recap of the biggest dividend hikes and share-buyback announcements you may have missed this week.</p>
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<p dir="ltr"><strong>ONEOK hikes dividend, announces $2 billion buyback plan</strong></p>
<p dir="ltr"><span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> ONEOK </span></span> (NYSE:) hiked its quarterly dividend by 3.7% to $0.99 per share, or $3.96 annualized, for an annual yield of 5.7%.</p>
<p dir="ltr">The dividend will be payable on February 14, 2024, to stockholders of record on January 17, 2024, with an ex-dividend date of January 30, 2024.</p>
<p dir="ltr">Furthermore, the company’s board authorized a $2 billion share repurchase program.</p>
<p dir="ltr"><strong>Schlumberger raises dividend by 10%</strong></p>
<p dir="ltr">Schlumberger (NYSE:) hiked its quarterly dividend by 10% to $0.275 per share, or $1.1 annualized, for an annual yield of 2.3%.</p>
<p dir="ltr">The dividend will be payable on April 4, 2024, to stockholders of record on February 7, 2024, with an ex-dividend date of February 6, 2024.</p>
<p dir="ltr"><img decoding="async" title="new year" src="https://d1-invdn-com.investing.com/content/picd836b272356c6158c991d32a1c08fbc6.png" alt="new year" /></p>
<p dir="ltr"><strong>Two more dividend hikes</strong></p>
<p dir="ltr"><span itemscope="" itemtype="http://schema.org/Corporation"><span itemprop="name"> Valero Energy </span></span> (NYSE:) hiked its quarterly dividend by 4.9% to $1.07 per share, or $4.28 annualized, for an annual yield of 3.4%.</p>
<p dir="ltr">The dividend will be payable on March 4, 2024, to stockholders of record on February 1, 2024, with an ex-dividend date of January 31, 2024.</p>
<p dir="ltr">Penske Automotive Group (NYSE:) hiked its quarterly dividend by 10.1% to $0.87 per share, or $3.48 annualized, for an annual yield of 2.3%.</p>
<p dir="ltr">The dividend will be payable on March 1, 2024, to stockholders of record on February 15, 2024, with an ex-dividend date of February 14, 2024.</p>
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<br /><a href="https://www.investing.com/news/stock-market-news/4-big-dividends-this-week-oneok-hikes-dividend-approves-2b-buyback-plan-3278830">Source link </a></p><p>The post <a href="https://forextraderhub.com/oneok-hikes-dividend-approves-2b-buyback-plan-by-investing-com.html">ONEOK hikes dividend, approves $2B buyback plan By Investing.com</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>