M&G PLC increased its stake in ONEOK, Inc. by 8.3% in the third quarter, acquiring an additional 79,902 shares to hold a total of 1,039,005 shares valued at approximately $75.85 million. ONEOK recently raised its quarterly dividend to $1.07, representing a 5.0% yield, and is currently trading near its consensus target price of $85.80. The company, a midstream energy provider, has a market capitalization of $54.17 billion and its shares are mostly owned by institutional investors and hedge funds.
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M&G PLC Purchases 79,902 Shares of ONEOK, Inc. $OKE
M&G PLC increased its stake in ONEOK, Inc. by 8.3% in the third quarter, acquiring an additional 79,902 shares to hold a total of 1,039,005 shares valued at approximately $75.85 million. ONEOK recently raised its quarterly dividend to $1.07, representing a 5.0% yield, and is currently trading near its consensus target price of $85.80. The company, a midstream energy provider, has a market capitalization of $54.17 billion and its shares are mostly owned by institutional investors and hedge funds.