Williams Announces Quarterly Cash Dividend

Rhea-AI Summary

Williams (WMB) approves a regular dividend of $0.4475 per share, or $1.79 annualized, on the company’s common stock payable on Sept. 25, 2023. This represents a 5.3% increase from the previous quarter. Williams has a consistent history of paying common stock dividends since 1974.

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• Consistent history of paying dividends since 1974
• 5.3% increase in dividend from the previous quarter

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• None.

TULSA, Okla.--(BUSINESS WIRE)-- Williams’ (NYSE: WMB) board of directors has approved a regular dividend of $0.4475 per share, or $1.79 annualized, on the company’s common stock payable on Sept. 25, 2023, to holders of record at the close of business on Sept. 11, 2023.

This is a 5.3% increase from Williams’ third-quarter 2022 quarterly dividend of $0.425 per share, paid in September 2022.

Some portion of this distribution may be considered a return of capital for tax purposes. Additional information regarding return of capital distributions is available at Williams’ investor relations website.

Williams has paid a common stock dividend every quarter since 1974.

About Williams

As the world demands reliable, low-cost, low-carbon energy, Williams (NYSE: WMB) will be there with the best transport, storage and delivery solutions to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation, storage, wholesale marketing and trading of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 32,000 miles of pipelines system wide – including Transco, the nation’s largest volume natural gas pipeline – and handles approximately one third of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use. Learn how the company is leveraging its nationwide footprint to incorporate clean hydrogen, NextGen Gas and other innovations at www.williams.com.

Portions of this document may constitute “forward-looking statements” as defined by federal law. Although Williams believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in Williams’ annual and quarterly reports filed with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230725583307/en/

MEDIA:

media@williams.com

(800) 945-8723

INVESTOR CONTACTS:

Danilo Juvane

(918) 573-5075

Caroline Sardella

(918) 230-9992

Source: Williams

FAQ

What is the approved regular dividend for Williams (WMB) per share?

The approved regular dividend for Williams (WMB) is $0.4475 per share.

When is the dividend payable to holders of record for Williams (WMB)?

The dividend is payable on Sept. 25, 2023, to holders of record at the close of business on Sept. 11, 2023.

What is the annualized dividend for Williams (WMB)?

The annualized dividend for Williams (WMB) is $1.79 per share.

What is the percentage increase in the dividend for Williams (WMB) from the previous quarter?

The dividend for Williams (WMB) has increased by 5.3% from the previous quarter.

How long has Williams (WMB) been paying common stock dividends?

Williams (WMB) has been paying common stock dividends every quarter since 1974.