Williams' (NYSE: WMB) board of directors has approved a regular dividend
of $0.64 on the company’s common stock, payable September 30, 2015, to
holders of record at the close of business September 24, 2015.
The new amount is an increase of $0.08, or 14 percent, from the
third-quarter 2014 dividend and an increase of $0.05, or 8.5 percent,
from the previous quarter. The increase is consistent with dividend
guidance Williams issued July 29, 2015 as part of its second-quarter
The process to explore a range of strategic alternatives announced by
Williams on June 21, 2015, following receipt of an unsolicited proposal
to acquire Williams, is ongoing.
Williams has paid a common stock dividend every quarter since 1974.
Williams (NYSE: WMB) is a premier provider of large-scale infrastructure
connecting North American natural gas and natural gas products to
growing demand for cleaner fuel and feedstocks. Headquartered in Tulsa,
Okla., Williams owns approximately 60 percent of Williams Partners L.P.
(NYSE: WPZ), including all of the 2 percent general-partner interest.
Williams Partners is an industry-leading, large-cap master limited
partnership with operations across the natural gas value chain from
gathering, processing and interstate transportation of natural gas and
natural gas liquids to petchem production of ethylene, propylene and
other olefins. With major positions in top U.S. supply basins and also
in Canada, Williams Partners owns and operates more than 33,000 miles of
pipelines system wide – including the nation’s largest volume and
fastest growing pipeline – providing natural gas for clean-power
generation, heating and industrial use. Williams Partners’ operations
touch approximately 30 percent of U.S. natural gas. 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 reports filed with the
Securities and Exchange Commission.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150911005919/en/
Copyright Business Wire 2015
Source: Business Wire
(September 11, 2015 - 6:30 PM EDT)
News by QuoteMedia