Category: Blog
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AI Deep Dive: ONEOK (OKE) post-acquisitions effect on the dividend
I used Google’s NotebookLM to create a short deep dive look into ONEOK’s post-acquisition of EnLink Midstream and investment into Medallion Midstream. The tool does a good job of explaining the ins and outs and how it effects the company’s dividend. The deep dive audio is based on the text below and from other news…
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ONEOK acquisitions strengthen portfolio
ONEOK, a Tulsa-based pipeline operator, is reinforcing its presence in the U.S. energy infrastructure sector through two midstream acquisitions worth $5.9 billion, expanding its footprint in the Permian Basin. These acquisitions, along with its 2023 purchase of Magellan Midstream Partners for $18.8 billion, significantly increase its crude oil and refined products capacity. While this expansion…
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Microsoft (MSFT) increases dividend by 10%, its 15th consecutive annual increase
Microsoft Corp. on Monday announced that its board of directors declared a quarterly dividend of $0.83 per share, reflecting an 8 cent or 10% increase over the previous quarter’s dividend. The dividend is payable Dec. 12, 2024, to shareholders of record on Nov. 21, 2024. The ex-dividend date will be Nov. 21, 2024. The board…
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Verizon acquisition of Frontier and the dividend
I used Verizon’s acquisition of Frontier announcement and a couple other sources to create the following AI conversation about the company and the dividend using Google’s NotebookLM. It’s a pretty good way to get a layman’s examination of news and financial information. See what you think. Verizon’s Frontier Acquisition: Expanding Broadband Ambitions & Dividend Strength…
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Verizon to acquire Frontier; dividend looks to remain stable
Verizon is expanding its broadband network by acquiring Frontier Communications in a $20 billion deal to enhance its fiber footprint, adding 2.2 million subscribers to Verizon’s existing 7.4 million. This move aligns with Verizon’s strategy to bundle broadband and mobile services, although it comes with increased capital expenditures due to the cost-intensive nature of fiber…
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Philip Morris (PM) increases dividend by 3.8%, promotes evolving smoke-free portfolio
The Board of Directors of Philip Morris International Inc. (NYSE: PM) has increased the company’s regular quarterly dividend by 3.8% to an annualized rate of $5.40 per share. The new quarterly dividend of $1.35 per share, up from $1.30 per share, is payable on October 10, 2024, to shareholders of record as of September 26, 2024. The ex-dividend date is September 26, 2024. Philip Morris International…