Dividends4Life: 7% Yield, Estimates Still Rising, No K-1

Dividend Growth Stocks News

7% Yield, Estimates Still Rising, No K-1

Posted by D4L | Monday, March 29, 2021 | | 0 comments »

This stock yields 7.34%, with 1.25X dividend coverage in Q4 2020. EBITDA grew 12% and DCF rose 6% in Q4 '20. 2021 guidance for 12% DCF and EBITDA growth above pre-pandemic levels. Analysts' earnings estimates are up over the past month. There are high yield 2 options-selling trades at the end of this article.

ONEOK Inc. (NYSE:OKE) engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions.

Source: Seeking Alpha

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