Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) declared a quarterly dividend on Tuesday, July 28th. Stockholders 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 dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, September 11th.
Williams Companies has increased 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 dividend payout ratio of 86.4% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. 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 Performance
Shares of WMB traded up $0.66 on Wednesday, reaching $70.82. The company’s stock had a trading volume of 237,256 shares, compared to its average volume of 6,976,807. The stock’s 50 day simple moving average is $73.87 and its two-hundred day simple moving average is $72.03. 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 stock has a market capitalization of $86.51 billion, a P/E ratio of 31.08, a PEG ratio of 1.66 and a beta of 0.57. Williams Companies has a 12-month low of $55.82 and a 12-month high of $80.07.
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.
Further Reading
- Five stocks we like better than Williams Companies
- 3 Unique AI Software Plays With Strong Analyst Support
- Amazon’s Satellite Push Raises the Stakes for SpaceX and AST SpaceMobile
- NVIDIA’s OpenAI Backstop Puts AI Financing Risk in Focus
- UPS Just Gave Investors a Second Chance to Buy
Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.
