Williams Announces Quarterly Cash Dividend

Rhea-AI Summary

Williams (NYSE: WMB) has announced a quarterly dividend of $0.41 per share, totaling $1.64 annually, payable on September 27, 2021, to stockholders of record by September 10, 2021. This dividend reflects a 2.5% increase from the $0.40 per share dividend paid in September 2020, continuing Williams' streak of dividend payments every quarter since 1974. A portion of this distribution may qualify as a return of capital for tax purposes.

Positive

• Quarterly dividend of $0.41 per share pays $1.64 annually.
• 2.5% increase from last year's third-quarter dividend.
• Dividends have been paid consistently since 1974.

Negative

• None.

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 Sept. 27, 2021, to holders of record at the close of business on Sept. 10, 2021.

The dividend is consistent with the second-quarter 2021 dividend and is a 2.5% increase from Williams’ third-quarter 2020 quarterly dividend of $0.40 per share, paid in September 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/20210728005722/en/

FAQ

What is the dividend amount announced by Williams (WMB) for September 2021?

Williams announced a dividend of $0.41 per share, totaling $1.64 annually.

When will the Williams (WMB) dividend be paid?

The dividend will be paid on September 27, 2021.

What is the record date for the Williams (WMB) dividend?

The record date for the dividend is September 10, 2021.

How does the current dividend compare to last year's dividend for Williams (WMB)?

The current dividend represents a 2.5% increase from last year's third-quarter dividend of $0.40.

What is the significance of Williams' dividend history?

Williams has paid a dividend every quarter since 1974, demonstrating a commitment to returning value to shareholders.