In February 2017, ONEOK (NYSE: OKE) announced a bold plan to deliver enhanced dividend growth by acquiring its MLP. The company estimated that the deal would enable it to boost its payout by 21% upon closing, and at a 9% to 11% annual rate through 2021. Fueling the forecast was the anticipation that the company would be able to secure about $2.5 billion of expansion projects to bolster cash flow.