ONEOK Partners, L.P. (NYSE:OKS)
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The Company owns and manages natural gas gathering, processing, storage and interstate and intrastate pipeline assets and natural gas liquids gathering and distribution pipelines, storage and fractionators.
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I'm a big fan of companies with below-average distributions or dividend yields that will likely increase significantly in the near future. That's exactly what we have in OKS. While its current yield of 4.7% is a little below average compared to its competitors, the company has $7 Billion worth of expansion projects scheduled to come online over the next year or two. That's a lot of growth that will likely translate into a significant increase in its distribution and hopefully in turn its share price. Deej