Is ONEOK a Great Dividend Stock?
Dividend stocks can be great long-term investments. Companies that pay a dividend have historically outperformed the S&P 500 with a lot less volatility. The best returns, however, have often come from those that consistently increased their dividends. They've not only outperformed nonpayers but also those that just maintained their payout.
Because of that, investors looking for a great dividend stock need to seek out the ones that can routinely increase their payout. Here's a look at pipeline giant ONEOK's (NYSE: OKE) dividend growth history and outlook.
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Source Fool.com
