The Williams Cos. continued its historic streak of dividends with an announced dividend of $0.4475 per share.
The board of directors gave approval to the regular dividend which figures to be $1.79 annualized. It will be payable on Dec. 26 of this year, to holders of record at the close of business on Dec. 8, 2023.
It also represents a 5.3% increase from the company’s fourth-quarter 2022 quarterly dividend which was $0.425 per share and paid in December 2022.
Williams has paid a common stock dividend every quarter since 1974, meaning the payments have been made for 156 consecutive quarters over the 49 year period.
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.
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.