Williams Companies, Inc. (The) (NYSE:WMB) declared a quarterly dividend on Thursday, November 16th, RTT News reports. Investors of record on Friday, December 8th will be paid a dividend of 0.30 per share by the pipeline company on Tuesday, December 26th. This represents a $1.20 annualized dividend and a yield of 4.36%.

Williams Companies, Inc. (The) has raised its dividend by an average of 5.3% annually over the last three years. Williams Companies, Inc. (The) has a dividend payout ratio of 166.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Williams Companies, Inc. (The) to earn $0.87 per share next year, which means the company may not be able to cover its $1.20 annual dividend with an expected future payout ratio of 137.9%.

Shares of Williams Companies, Inc. (NYSE:WMB) traded down $0.22 during trading hours on Thursday, reaching $27.50. 4,466,100 shares of the company’s stock traded hands, compared to its average volume of 6,468,398. Williams Companies, Inc. has a 1 year low of $27.21 and a 1 year high of $32.69. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.97 and a quick ratio of 0.91. The company has a market capitalization of $22,917.42, a P/E ratio of 46.98, a PEG ratio of 2.96 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its earnings results on Wednesday, November 1st. The pipeline company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). Williams Companies, Inc. (The) had a net margin of 5.90% and a return on equity of 3.23%. The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the previous year, the company posted $0.20 EPS. The firm’s revenue for the quarter was down .7% on a year-over-year basis. equities analysts forecast that Williams Companies, Inc. will post 0.72 earnings per share for the current year.

WMB has been the subject of several research reports. BidaskClub downgraded shares of Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. Scotiabank set a $30.00 price objective on shares of Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research report on Saturday, July 22nd. Sanford C. Bernstein reissued an “outperform” rating on shares of Williams Companies, Inc. (The) in a research report on Thursday, August 10th. Zacks Investment Research raised shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Monday, July 24th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $36.00 target price on shares of Williams Companies, Inc. (The) in a report on Monday, October 16th. Four research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $34.00.

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In other Williams Companies, Inc. (The) news, Director Stephen I. Chazen purchased 5,000 shares of the stock in a transaction that occurred on Monday, August 21st. The shares were acquired at an average cost of $28.93 per share, with a total value of $144,650.00. Following the completion of the transaction, the director now owns 10,000 shares in the company, valued at $289,300. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Ted T. Timmermans sold 1,500 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $28.75, for a total transaction of $43,125.00. Following the transaction, the vice president now directly owns 9,594 shares in the company, valued at $275,827.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 283,501 shares of company stock valued at $8,590,124. 0.53% of the stock is currently owned by corporate insiders.

Williams Companies, Inc. (The) Company Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Dividend History for Williams Companies, Inc. (The) (NYSE:WMB)

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