Oneok offers a 5.6% dividend yield, backed by stable cash flow. It aims to increase its payout by 3% to 4% annually, making it a high-yield dividend stock. With a quarterly dividend of $1.03 per share, you’d need almost 243 shares to generate $1,000 annually. Oneok has a history of dividend stability and growth, making it an attractive option for passive income investors. The company is investing in growth projects that should fuel its dividend increases in the future. However, it wasn’t listed among the 10 best stocks to buy now by the Motley Fool Stock Advisor team.

Read more at Yahoo Finance: Own This Many Oneok Shares for $1,000 in Yearly Dividends