Williams Announces Quarterly Cash Dividend

Rhea-AI Summary

Williams (NYSE: WMB) has announced a regular dividend of $0.41 per share, totaling $1.64 annually. This dividend is payable on December 27, 2021, to stockholders on record by December 10, 2021. The new dividend reflects a 2.5% increase from the previous $0.40 per share paid in December 2020.

Williams has consistently paid dividends quarterly since 1974, highlighting its commitment to returning value to shareholders while maintaining operations across the natural gas supply chain.

Positive

• Regular dividend of $0.41 per share supports shareholder income.
• 2.5% increase from previous dividend indicates company growth and confidence.

Negative

• None.

TULSA, Okla.--(BUSINESS WIRE)-- Williams’ (NYSE: WMB) board of directors has approved a regular dividend of $0.41 per share, or $1.64 annualized, on the company’s common stock, payable on Dec. 27, 2021, to holders of record at the close of business on Dec. 10, 2021.

The dividend is consistent with the third-quarter 2021 dividend and is a 2.5% increase from Williams’ fourth-quarter 2020 quarterly dividend of $0.40 per share, paid in December 2020.

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

Williams (NYSE: WMB) is committed to being the leader in providing infrastructure that safely delivers natural gas products 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 and storage 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 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – and handles approximately 30 percent of the natural gas in the United States that is used every day for clean-power generation, heating and industrial use. www.williams.com

Portions of this document may constitute “forward-looking statements” as defined by federal law. Although the company 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 the company’s annual and quarterly reports filed with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211026006006/en/

MEDIA:

media@williams.com

(800) 945-8723

INVESTOR CONTACT:

Danilo Juvane

(918) 573-5075

Source: Williams

FAQ

What is the new dividend amount for Williams (NYSE: WMB)?

The new dividend amount for Williams is $0.41 per share.

When will the dividend for WMB be paid?

The dividend will be paid on December 27, 2021.

What was the previous dividend amount for WMB?

The previous dividend amount was $0.40 per share.

What date is the record date for the WMB dividend payment?

The record date for the dividend payment is December 10, 2021.

How long has Williams (NYSE: WMB) been paying dividends?

Williams has been paying dividends every quarter since 1974.