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Historical oke News Stories

ONEOK Rally: Dividend Hike vs JPMorgan Cut Uptrend

ONEOK (OKE) climbed for five straight sessions in early February after the company raised its quarterly dividend, even as JPMorgan downgraded the stock citing EBITDA and growth concerns. Mixed analyst views, robust trading volumes and a dividend boost have sharpened the risk/reward calculus for income-focused investors.

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