Williams Increases Quarterly Cash Dividend by 5.3%
2023-01-31 17:40:00.35 GMT
Williams Increases Quarterly Cash Dividend by 5.3%
Business Wire
TULSA, Okla. -- January 31, 2023
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 March 27, 2023, to holders of record at the close of business on March 13,
2023.
This is a 5.3% increase from Williams’ fourth-quarter 2022 quarterly dividend
of $0.425 per share, paid in December 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 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.
Learn how the company is leveraging its nationwide footprint to incorporate
clean hydrogen, next generation gas and other innovations at 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/20230131005935/en/
Contact:
MEDIA:
media@williams.com
(800) 945-8723
INVESTOR CONTACTS:
Danilo Juvane
(918) 573-5075
Grace Scott
(918) 573-1092
-0- Jan/31/2023 17:40 GMT
To view this story in Bloomberg click here:
https://blinks.bloomberg.com/news/stories/RPD2EOMEWG74
