This article is about how someone can make money from a company called ONEOK. They can do this by buying some of the company's stock and getting regular payments called dividends. The person needs to buy enough stock to get $500 every month or $100 if they want less money. The company will tell everyone how well it did in the last few months soon, and people think it did better than before. ONEOK also decided to give more money to its shareholders as a dividend. Read from source...

1. The title is misleading and exaggerated, as it implies that the investor can earn $500 a month from ONEOK stock with little risk or effort, which is not realistic or true for most investors. A more accurate title would be "How to Invest in ONEOK Stock for Dividend Income and Growth" or something similar that reflects the actual goals and expectations of the investor.

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Key points:
- The article suggests a way to earn $500 a month from ONEOK stock ahead of Q4 earnings results.
- The investor would need to own $111,686 worth of ONEOK to generate the income or 303 shares for a more conservative goal of $100 monthly dividend income.
- The company is expected to report higher earnings and revenue for the latest quarter and has raised its dividend by 3.7%.

1. ONEOK is a high-yield energy infrastructure company that operates as a master limited partnership (MLP). MLPs are known for their generous dividends and tax benefits, but they also carry some risks such as exposure to commodity prices, interest rate fluctuations, and regulatory changes.
2. The article suggests owning $111,686 worth of ONEOK to generate a monthly dividend income of $500, which implies an annual yield of about 7%. This is based on the current share price of $34.99 and the quarterly dividend of 99 cents per share. However, this calculation assumes no change in the share price or the dividend rate over the year, which may not be realistic given the volatile nature of the energy market.
3. A more conservative goal of $100 monthly dividend income would require owning 303 shares of ONEOK, which would cost about $10,499 at the current share price. This would still provide an annual yield of about 6%, but with a lower level of risk exposure.
4. The article also mentions that ONEOK is expected to report strong earnings and revenue growth in its fourth quarter, which could boost the stock price and the dividend payout. However, this is not a guarantee and there may be uncertainties about the company's performance and outlook amid the ongoing pandemic and economic recovery.
5. The article does not provide any specific guidance on when to buy or sell ONEOK shares, which means that investors should rely on their own research and judgment to determine the optimal timing of their trades. Some possible indicators to consider are the price-to-earnings (P/E) ratio, the dividend payout ratio, the debt level, and the industry trends.
6. The article also does not address any tax implications of investing in ONEOK as an MLP, which may vary depending on the investor's tax status and the duration of their holding period. In general, MLPs are subject to different tax rules than corporations, and they may require additional paperwork and record-keeping for tax reporting purposes.