Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) announced a quarterly dividend on Tuesday, January 27th. Shareholders of record on Friday, March 13th will be given a dividend of 0.525 per share by the pipeline company on Monday, March 30th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, March 13th. This is a 5.0% increase from Williams Companies’s previous quarterly dividend of $0.50.
Williams Companies has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 9 consecutive years. Williams Companies has a payout ratio of 82.3% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Research analysts expect Williams Companies to earn $2.32 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 86.2%.
Williams Companies Stock Performance
Shares of Williams Companies stock opened at $66.96 on Thursday. The firm has a fifty day moving average of $60.83 and a two-hundred day moving average of $59.96. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.36 and a current ratio of 0.42. The stock has a market capitalization of $81.77 billion, a price-to-earnings ratio of 34.51, a PEG ratio of 1.53 and a beta of 0.64. Williams Companies has a 52 week low of $51.58 and a 52 week high of $67.01.
Williams Companies Company Profile
Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.
Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.
Featured Stories
- Five stocks we like better than Williams Companies
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.
