Tulsa’s Williams Cos. announced on Tuesday its board of directors had approved yet another dividend to investors—the 47th consecutive payment.
The dividend of $0.41 per share or $1.64 annualized on the company’s common stock will be payable Dec. 27, 2021 to holders of record at the close of business on Dec. 10, 2021.
The dividend is consistent with the third-quarter 2021 dividend and is a 2.5% increase from Williams’ fourth-quarter 2020 quarterly dividend of $0.40 per share, paid in December 2020.
Some portion of this distribution may be considered a return of capital for tax purposes.
Williams has paid a common stock dividend every quarter since 1974.