Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) announced a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, June 12th will be paid a dividend of 0.525 per share by the pipeline company on Monday, June 29th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, June 12th.
Williams Companies has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 9 years. Williams Companies has a payout ratio of 86.4% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Analysts expect Williams Companies to earn $2.00 per share next year, which means the company may not be able to cover its $2.10 annual dividend with an expected future payout ratio of 105.0%.
Williams Companies Price Performance
Shares of NYSE:WMB opened at $71.57 on Wednesday. The company’s fifty day moving average price is $73.46 and its 200 day moving average price is $68.65. Williams Companies has a 12 month low of $55.82 and a 12 month high of $80.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The firm has a market capitalization of $87.43 billion, a P/E ratio of 31.39, a P/E/G ratio of 1.75 and a beta of 0.58.
About Williams Companies
Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.
Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.
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