Oneok Has Delivered More Than 30 Years of Dividend Stability and Growth. With a 4.7% Yield, Is It the Best Income Stock in the Sector to Buy Right Now?
For investors seeking dividend dependability in the energy patch, Oneok is one of the best stocks to consider.
Overview
Whenever investors are required to take on even modest amounts of risk, "best" is a subjective word. It means different things to different market participants, and that's true with energy stocks and any other corner of the equity market, for that matter.
For some, the best stock is simply the top-performing name. Others assess "best" in value terms, while some investors view leadership from an income perspective. On the note of dividends, there's Oneok (NYSE: OKE), an Oklahoma-based midstream powerhouse that's been in business for 120 years.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.