Williams Ups Q4 Div, Outlook Retained - Analyst Blog

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North American energy firm, Williams Companies Inc. ( WMB ) recently declared its fourth-quarter common stock dividend of 38 cents per share ($1.52 per share annualized), representing a year-over-year increase of 16.9% and a sequential hike of 3.8%. The increased dividend will be paid on Dec 30, 2013 to shareholders of record as of Dec 13, 2013.

Following the latest boost, dividend for full year 2013 stood at $1.44 per share, reflecting a hike of 20.0% compared with $1.20 reported in 2012.

The dividend hike reflects consistently strong performance by Williams, solid operating results, lucrative investments and successful execution of its strategic plan. Based on the closing price of $34.91 as of Nov 21, 2013, the expected annual dividend of $1.52 affirms a yield of 4.4%.

Additionally, Williams maintains its projected 20% dividend hike to $1.75 and $2.11 per share, for 2014 and 2015, respectively.


Tulsa, OK-based Williams is a premier energy infrastructure provider in North America. The company's core operations include finding, producing, gathering, processing, and transportation of natural gas. Williams divides its business into four segments: Williams Partners, Williams NGL & Petchem Services, Access Midstream Partners, and Other.

Williams currently carries a Zacks Rank #3 (Hold), implying that it is expected to perform in line with the broader U.S. equity market over the next one to three months.

Meanwhile, one can look at better-ranked players in the oil production and pipeline sector like Western Gas Partners LP ( WES ), EQT Midstream Partners LP ( EQM ) and Spectra Energy Corp ( SE ) that offer value. Western Gas sports a Zacks Rank #1 (Strong Buy) while EQT Midstream and Spectra Energy retain a Zacks Rank #2 (Buy).



EQT MIDSTRM PTR (EQM): Free Stock Analysis Report

SPECTRA ENERGY (SE): Free Stock Analysis Report

WESTERN GAS PTR (WES): Free Stock Analysis Report

WILLIAMS COS (WMB): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Business , Stocks

Referenced Stocks: EQM , SE , WES , WMB

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