OKE dividend analysis

OKE dividend deep dive

OKE pays $5.98 per share annually, a 6.80% yield against the current price. The 58% payout sits inside the 60% threshold that's the conventional comfort zone for ongoing distribution growth.

Quality + Risk pillar breakdown on the OKE dividend: Quality 63, Risk 64, composite safety 60/100. The Risk pillar specifically captures balance-sheet leverage and earnings volatility, both of which weigh on the distribution's durability through cycles.

OKE reinvested-yield math, holding TTM yield (6.80%) and 5y CAGR (7.8%) constant: 5/10/20-year cumulative income totals 42.4% / 102.9% / 311.6%.

Sector dividend comp for OKE: KO (5.00%), PG (1.50%), PEP (2.90%) (mean 3.13%). On the trailing TTM line, OKE pays 6.80% — a +3.67-pp gap to the cohort mean.

OKE dividend calendar: ex-date 2026-03-01, pay date 2026-03-15. The pattern is quarterly, which means four payments per year at the current $1.495 per quarter run-rate.

Bottom line on OKE: 6.80% TTM yield + 7.8% growth + 60/100 safety. The forward question is whether the 58% payout ratio leaves enough free cash flow for continued growth at the current pace.