Williams (WMB) Board Approves Higher Dividend for Shareholders

The Williams Companies, Inc. (NYSE:WMB) is one of the 12 Best American Energy Stocks to Buy Right Now. On July 29, The Williams Companies, Inc. (NYSE:WMB) reported that its board of directors has authorized a regular dividend of $0.50 per share.

This translates to a dividend of $2.00 on the company’s common stock on an annualized basis. The dividend is scheduled to be paid on September 29 to shareholders of record as of September 12.

Williams (WMB) Board Approves Higher Dividend for Shareholders

A bird’s-eye view of an oil & gas midstream platform in the Gulf of Mexico on a clear day.

The regular dividend of $0.50 per share represents an increase of 5.3% compared to The Williams Companies, Inc.’s (NYSE:WMB) 2024 quarterly dividend of $0.475 per share.

The company has been paying a dividend on its common stock every quarter since 1974.

The Williams Companies, Inc. (NYSE:WMB) is an American energy company focused on natural gas processing, transportation, and related services. The company moves about one-third of the natural gas in the US with its 33,000-mile pipeline infrastructure.

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Disclosure: None. This article is originally published at Insider Monkey.