OKE vs SLB: Dividend Yield, Growth & Safety Comparison
Oneok Inc /New/ (OKE) and Slb Limited/Nv (SLB) are both in the Energy sector, making them natural rivals for dividend investors. OKE offers a significantly higher 4.94% yield compared to SLB's 2.28%, a gap of 2.66%. For dividend growth, SLB leads with a 5-year CAGR of 22.9% versus OKE's 10.1%. SLB holds the edge in dividend safety with a "Safe" rating.
Key Metrics Comparison
| Metric | OKE | SLB |
|---|
| Dividend Yield | 4.94% | 2.28% |
| Annual Dividend | $4.12 | $1.14 |
| 5-Year CAGR | 10.1% | 22.9% |
| Payout Ratio | 75% | 49% |
| Consecutive Years | 0 | 4 |
| Price | $86.11 | $50.61 |
Yield Comparison
Oneok Inc /New/ (OKE) currently yields 4.94%, which is attractive for the broader market. That's 2.66% more than Slb Limited/Nv (SLB), which yields 2.28%. In dollar terms, OKE pays $4.12/share annually versus SLB's $1.14/share.
Dividend Growth
Over the past five years, SLB has grown its dividend at a 22.9% CAGR compared to OKE's 10.1%. OKE: Dividend growth is accelerating — the 3-year CAGR of 19.9% exceeds the 5-year rate of 10.1% and the 10-year rate of 9.3%. SLB: Dividend growth has been steady, with a 3-year CAGR of 23.3% and a 5-year CAGR of 22.9% (10-year: -3.0%).
Dividend Safety
OKE's dividend safety is rated "Moderate." The payout ratio of 75% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 1.3x. SLB's dividend safety is rated "Safe." The payout ratio of 49% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.1x. SLB's payout ratio of 49% is more conservative than OKE's 75%, suggesting more room for future increases.
Income Comparison
A $10,000 investment in OKE generates approximately $494/year in dividend income, compared to $228/year from SLB — a difference of $266/year. At $100,000, that gap widens to $2660/year.
Verdict
- Best for income: OKE
- Best for growth: SLB
- Best for safety: SLB
Frequently Asked Questions
Which has a higher dividend yield, OKE or SLB?
Oneok Inc /New/ (OKE) has a higher dividend yield of 4.94% compared to Slb Limited/Nv (SLB) at 2.28%.
Is OKE or SLB a better dividend growth stock?
Slb Limited/Nv has the stronger dividend growth with a 5-year CAGR of 22.9%, compared to Oneok Inc /New/'s 10.1%.
Which is safer for dividend income, OKE or SLB?
Oneok Inc /New/'s dividend safety is rated "Moderate" while Slb Limited/Nv is rated "Safe." The payout ratio of 75% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 1.3x. The payout ratio of 49% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.1x.
How much income does $10,000 in OKE vs SLB generate?
A $10,000 investment in OKE generates approximately $494/year in dividends, while the same amount in SLB generates about $228/year.
Which has a lower payout ratio, OKE or SLB?
Slb Limited/Nv has a lower payout ratio of 49% compared to Oneok Inc /New/'s 75%. A lower payout ratio generally indicates more room for dividend growth and better sustainability.
OKE vs SLB: which is better for retirement income?
It depends on your priorities. OKE for current income, SLB for dividend growth, SLB for safety. Many retirement investors hold both for diversification.
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