TULSA, Okla., April 27 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) announced today that its board of directors has approved an increase of the regular dividend on the company's common stock. The new dividend is $0.125 per share, payable on June 28, 2010, to holders of record at the close of business on June 11.
Today's declaration raises the dividend by 14 percent compared with the $0.11 per share that the company paid in each of the eight prior quarters.
Williams has paid a common stock dividend every quarter since 1974. This is the sixth increase in the Williams dividend since late 2004.
About Williams (NYSE: WMB)
Williams is an integrated natural gas company focused on exploration and production, midstream gathering and processing, and interstate natural gas transportation primarily in the Rocky Mountains, Gulf Coast, Pacific Northwest, Eastern Seaboard and the Marcellus Shale in Pennsylvania. Most of the company's interstate gas pipeline and midstream assets are held through its 84-percent ownership interest (including the general-partner interest) in Williams Partners L.P. (NYSE: WPZ), a leading diversified master limited partnership. More information is available at www.williams.com. Go to http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our e-mail list.
Contact: |
Jeff Pounds |
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Williams (media relations) |
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(918) 573-3332 |
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Sharna Reingold |
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Williams (investor relations) |
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(918) 573-2078 |
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Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission.
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