Williams announced a new dividend with a more than 5% increase.
The board of directors announced Tuesday the approval of a regular dividend of $0.4475 per share or $1.79 annualized. The dividend will be payable Sept. 25, 2023 to holders of record at the close of business on Sept. 11 of this year.
It also represents a 5.3% incease from Williams’ third-quarter 2022 quarterly dividend of $0.425 per share, paid in September 2022.
The Tulsa-based company has paid a common stock dividend every quarter since 1974.
Williams owns and operates more than 32,000 miles of pipelines system wide – including Transco, the nation’s largest volume natural gas 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.
