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Stock Market & Financial Investment News

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January 17, 2013
16:17 EDTWMBWilliams raises dividend to 33.88c per share from 32.5c per share
Williams' board has approved a regular dividend of 33.88c on the company's common stock, payable March 25, to holders of record at the close of business on March 8. The Q1 dividend is an increase of 1.38c, or 4.2%, over the previous quarterly dividend of 32.5c per share. The new amount is an increase of 8c, or 30.9%, over 1Q12. The increased dividend is consistent with the company's previously announced plan to increase its dividend more frequently, with increases every quarter. The company continues to expect the full-year dividend it pays shareholders in each 2013 and 2014 to increase by 20%, to $1.44 and $1.75 per share, respectively. Williams' full-year dividend for 2012 was $1.20 per share.
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