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Conning Inc. boosts ONEOK stake, company raises dividend to $1.03, analysts rate as "Moderate Buy."
Conning Inc. increased its stake in ONEOK, Inc. by 7.1%, owning 11,558 shares, valued at $1.16 million, showing continued institutional interest.
ONEOK, which operates in natural gas and natural gas liquids, recently raised its quarterly dividend to $1.03, boosting its annualized yield to 4.30%.
Analysts give ONEOK a "Moderate Buy" rating with a consensus target price of $103.42.
Institutional investors hold 69.13% of the company's stock.
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Conning Inc. aumenta la participación de ONEOK, la compañía aumenta el dividendo a $1.03, los analistas califican de "Compra Moderada".