Williams Announces Quarterly Cash Dividend

Rhea-AI Summary

Williams (NYSE: WMB) has announced a regular dividend of $0.4475 per share, totaling $1.79 annually, payable on June 26, 2023, to holders of record as of June 12, 2023. This dividend reflects a 5.3% increase from the $0.425 per share dividend paid in June 2022. Williams has consistently paid a dividend every quarter since 1974, demonstrating its commitment to returning value to shareholders. The distribution may include a return of capital for tax purposes, with further details available on Williams’ investor relations website.

Positive

• Dividend increased to $0.4475 per share, a 5.3% rise from previous year.
• Consistent quarterly dividend payments since 1974 build long-term shareholder trust.

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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 June 26, 2023, to holders of record at the close of business on June 12, 2023.

This is a 5.3% increase from Williams’ second-quarter 2022 quarterly dividend of $0.425 per share, paid in June 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 and fastest growing 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/20230425005825/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 upcoming dividend amount for Williams (WMB)?

The upcoming dividend amount for Williams (WMB) is $0.4475 per share.

When is the payment date for the Williams (WMB) dividend?

The payment date for the Williams (WMB) dividend is June 26, 2023.

What was the previous dividend amount for Williams (WMB) in 2022?

The previous dividend amount for Williams (WMB) in 2022 was $0.425 per share.

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

The record date for the Williams (WMB) dividend is June 12, 2023.

Is any portion of the dividend for Williams (WMB) considered a return of capital?

Yes, some portion of the dividend may be considered a return of capital for tax purposes.