The following message was updated on 7/21/2021 11:40:43 AM.
Made 22 buys of 20 stocks on Monday but neglected to buy more OKE. It dipped over 5% going below $50 for what would have been a 7.5% yield. The dividend will likely be announced tomorrow the 22nd with ex/div in the 1st week of August. Stock is now up 6% since Monday's close. Haven't seen speculation about a dividend cut, and management has always made the dividend a priority. Mostly recently they did new financing so they are not short of cash. There has been recent news about oil & gas production in the Bakken being flatish, up only a little more than 1% month over month, and the are they are the leading oil & gas processor in the Bakken, but that hasn't kept OKE from being at or near the top of most midstream recommended lists. I have a lot already over 2 accounts but I may buy a little more to catch the dividend, after I take some of the profits on my best Monday trades.