Williams Companies, Inc. (The) (NYSE:WMB) Shareholders to Get $0.53 Quarterly Dividend

Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Friday, December 11th will be given a dividend of $0.5250 per share by the pipeline company on Monday, December 28th. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, December 11th.

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 decline. Equities analysts expect Williams Companies to earn $2.67 per share next year, which means the company should continue to be able to cover its $2.10 annual dividend with an expected future payout ratio of 78.7%.

Williams Companies Price Performance

Shares of WMB stock opened at $74.08 on Wednesday. Williams Companies has a fifty-two week low of $56.19 and a fifty-two week high of $80.07. The stock’s 50-day simple moving average is $72.14 and its 200-day simple moving average is $72.06.

Williams Companies (NYSE:WMB – Get Free Report) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. The business had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same quarter last year, the business earned $0.46 earnings per share. Williams Companies’s revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities analysts predict that Williams Companies will post 2.42 earnings per share for the current fiscal year.

Insider Transactions at Williams Companies

In other news, SVP Terrance Wilson sold 2,000 shares of Williams Companies stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $67.85, for a total value of $135,700.00. Following the transaction, the senior vice president directly owned 262,259 shares of the company’s stock, valued at $17,794,273.15. The trade was a 0.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders sold a total of 19,000 shares of company stock worth $1,401,430 over the last ninety days. 0.47% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Childress Capital Advisors LLC lifted its stake in shares of Williams Companies by 163.5% during the third quarter. Childress Capital Advisors LLC now owns 7,335 shares of the pipeline company’s stock valued at $499,000 after acquiring an additional 4,551 shares during the period. BOKF NA raised its holdings in Williams Companies by 4.5% during the 3rd quarter. BOKF NA now owns 419,791 shares of the pipeline company’s stock worth $28,533,000 after purchasing an additional 17,889 shares during the last quarter. North Dakota State Investment Board raised its holdings in Williams Companies by 3.1% during the 3rd quarter. North Dakota State Investment Board now owns 37,343 shares of the pipeline company’s stock worth $2,538,000 after purchasing an additional 1,129 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in Williams Companies during the 3rd quarter valued at about $148,000. Finally, BLB&B Advisors LLC lifted its position in Williams Companies by 644.2% during the 3rd quarter. BLB&B Advisors LLC now owns 86,149 shares of the pipeline company’s stock valued at $5,856,000 after purchasing an additional 74,573 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

About Williams Companies

(Get Free Report)

The Williams Companies, Inc is an energy infrastructure company headquartered in Tulsa, Oklahoma. Founded in 1908 as Williams Brothers, the company has evolved from an early pipeline contractor into a major operator of natural gas infrastructure in the United States.

Williams primarily gathers, processes, transports and stores natural gas and natural gas liquids. Its assets include interstate and regional pipelines, gas processing and fractionation facilities, storage operations, and gathering systems that connect producers with utilities, industrial customers, power generators and other energy markets.

See Also

Dividend History for Williams Companies (NYSE:WMB)

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