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

Williams Companies, Inc. (The) (NYSE:WMB) declared 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 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, December 11th.

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 tumble. 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 Stock Down 0.1%

Shares of NYSE WMB opened at $73.99 on Wednesday. The firm’s 50-day moving average is $72.14 and its 200-day moving average is $72.06. Williams Companies has a 1 year low of $56.19 and a 1 year high of $80.07.

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Truist Financial lifted their price target on Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Canadian Imperial Bank of Commerce dropped their price objective on Williams Companies from $85.00 to $82.00 and set an “outperformer” rating on the stock in a report on Thursday, October 22nd. Capital One Financial started coverage on Williams Companies in a research report on Tuesday, September 22nd. They issued an “overweight” rating and a $92.00 price objective for the company. Wells Fargo & Company increased their target price on Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Finally, UBS Group reissued a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $86.06.

About Williams Companies

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.