In this photo, an industrial pipeline can be seen. Midstream giant Williams’ board approved a regular dividend of $0.4475 per share, or $1.79 per share annualized, the company said in a July 25 press release. (Source: Shutterstock.com)
Midstream giant Williams’ board approved a regular dividend of $0.4475 per share, or $1.79 per share annualized, the company said in a July 25 press release.
The payout is a 5.3% increase from Williams’ third-quarter 2022 quarterly dividend of $0.425 per share paid in September 2022.
The dividend is payable on Sept. 25 to common stock holders of record at the close of business on Sept. 11.
Some portion of the distribution may be considered a return of capital for tax purposes, Williams said. Williams has paid a common stock dividend every quarter since 1974.
With major positions in top U.S. supply basins, Williams owns and operates more than 32,000 miles of pipelines system wide—including Transco, the nation’s largest volume natural gas pipeline. Williams handles approximately one-third of the natural gas in the U.S.
Recommended Reading
SandRidge Recasts Management with New Chairman, CFO
2024-10-03 - SandRidge Energy has appointed Vincent Intrieri as chairman to succeed Jonathan Frates, who will transition to the role of executive vice president and CFO.
California Resources Names Crespy as Executive VP, CFO
2024-11-26 - Clio C. Crespy has worked on some of California Resources’ “most significant” projects, including the Carbon TerraVault joint venture and the direct air capture hub at Elk Hills, said CEO Francisco Leon.
Post Oak Backs Third E&P: Tiburon Captures Liquids-rich Utica Deal
2024-10-15 - Since September, Post Oak Energy Capital has backed new portfolio companies in the Permian Basin and Haynesville Shale and made an equity commitment to Utica Shale E&P Tiburon Oil & Gas Partners.
ONEOK Replaces Three EnLink Board Directors Post Acquisition Close
2024-10-16 - Three Global Infrastructure Partner directors are being replaced on EnLink Midstream’s board of directors by members of ONEOK’s executive leadership team.
KKR, Solar Developer Birch Creek Close $150MM Credit Facility
2024-10-31 - KKR will provide a $150 million credit facility with Birch Creek Energy, which owns 160 megawatts of power projects, with more expected in place by year-end 2024.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.