TCTC Holdings LLC significantly increased its stake in ONEOK, Inc. by 447.4% in the third quarter, adding 46,020 shares to hold a total of 56,307 shares valued at approximately $4.11 million. This increase comes as ONEOK recently raised its quarterly dividend to $1.07 per share, offering an annualized yield of about 5.0%. Despite a mixed outlook from analysts, with an average “Hold” rating, institutional investors maintain a substantial ownership of roughly 69.1% of the company’s stock.
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TCTC Holdings LLC Acquires 46,020 Shares of ONEOK, Inc. $OKE
TCTC Holdings LLC significantly increased its stake in ONEOK, Inc. by 447.4% in the third quarter, adding 46,020 shares to hold a total of 56,307 shares valued at approximately $4.11 million. This increase comes as ONEOK recently raised its quarterly dividend to $1.07 per share, offering an annualized yield of about 5.0%. Despite a mixed outlook from analysts, with an average “Hold” rating, institutional investors maintain a substantial ownership of roughly 69.1% of the company’s stock.