This article was originally published by TheStreet on Oct. 03
NEW YORK (TheStreet) -- ONEOK (OKE) is a little-known energy company that has been growing its dividends per share at an average annual rate of 17% since 2006, and it might just continue going this way.
In a research report emailed to TheStreet, Ted Durbin, analyst at Goldman Sachs predicted the company's dividends are expected to grow at a compounded annual growth rate of 17% between 2014 and 2017. This is higher than the average growth rate of 15.6% of about a dozen midstream corporations covered by Goldman Sachs such as Enbridge (ENB) , Kinder Morgan(KMI) , Spectra Energy (SE) and TransCanada (TRP) in the corresponding period.
