Williams Companies, Inc. (The) (NYSE:WMB) Plans $0.53 Quarterly Dividend

Williams Companies, Inc. (The) (NYSE:WMB) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Friday, September 11th will be paid a dividend of 0.525 per share by the pipeline company on Monday, September 28th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, September 11th.

Williams Companies has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 9 consecutive years. Williams Companies has a dividend 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 decline. Analysts expect Williams Companies to earn $2.06 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 101.9%.

Williams Companies Stock Up 0.6%

NYSE:WMB traded up $0.45 during mid-day trading on Wednesday, hitting $70.61. The company had a trading volume of 424,438 shares, compared to its average volume of 6,977,258. The business has a fifty day simple moving average of $73.87 and a 200-day simple moving average of $72.03. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Williams Companies has a 1 year low of $55.82 and a 1 year high of $80.07. The firm has a market capitalization of $86.25 billion, a price-to-earnings ratio of 30.95, a PEG ratio of 1.66 and a beta of 0.57.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The company had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the business earned $0.60 earnings per share. The company’s revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts forecast that Williams Companies will post 2.45 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the completion of the sale, the senior vice president owned 283,159 shares in the company, valued at approximately $20,999,071.44. The trade was a 0.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Larry C. Larsen sold 12,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total transaction of $917,760.00. Following the transaction, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at approximately $7,511,789.12. This represents a 10.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 68,500 shares of company stock valued at $5,182,655. Corporate insiders own 0.47% of the company’s stock.

Institutional Trading of Williams Companies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Towne Trust Company N.A grew its position in shares of Williams Companies by 60.2% in the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 162 shares in the last quarter. Main Street Group LTD acquired a new position in Williams Companies in the first quarter worth $26,000. Motiv8 Investments LLC bought a new stake in Williams Companies during the fourth quarter valued at $27,000. Allied Private Wealth LLC acquired a new stake in shares of Williams Companies during the second quarter worth $28,000. Finally, Clearstead Trust LLC lifted its position in shares of Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after buying an additional 186 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Company Profile

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.