Williams boosts dividend again as pipeline expansion advances
Williams Companies has approved another increase to its quarterly dividend, extending the Tulsa-based natural gas company’s long-standing record of returning cash to shareholders.
The company announced Tuesday that its board of directors approved a quarterly dividend of $0.525 per share, a 5% increase from the previous quarter’s payout of $0.50 per share. The move marks the eighth consecutive year Williams has raised its dividend.
The dividend equates to $2.10 per share on an annualized basis and will be payable March 30, 2026, to shareholders of record as of March 13, 2026, according to a company release.
Long dividend history for Tulsa-based pipeline operator
At its current share price of $64.86, Williams offers a dividend yield of approximately 3.11%. The company has maintained an unbroken record of quarterly dividend payments since 1974, a history that spans multiple commodity cycles, regulatory shifts, and energy transitions.
Williams is one of the largest natural gas infrastructure companies in the United States, delivering nearly one-third of the nation’s natural gas supply through its extensive interstate pipeline network. The company’s assets play a critical role in supplying natural gas to power plants, industrial users, and residential customers across the country.
Northeast Supply Enhancement project moves forward
In addition to the dividend increase, Williams has recently made progress on a key infrastructure project in the Northeast.
As reported by Investing.com, the company has secured Clean Water Act permits from both the New Jersey Department of Environmental Protection and the New York State Department of Environmental Conservation for its Northeast Supply Enhancement (NESE) project.
The NESE project is part of Williams’ broader strategy to expand natural gas infrastructure serving New York City, an area that has faced persistent supply constraints despite rising demand. The company’s investment in the project is expected to exceed $1 billion.
Williams anticipates the project will create thousands of construction jobs and is targeting an in-service date by the fourth quarter of 2027, pending remaining regulatory approvals and construction milestones.