The Williams Companies, Inc.

The Williams Companies, Inc.

WMBยทNYSE

$71.66

+0.49%
EnergyOil & Gas Midstream

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; risk and asset management; and NGL marketing services. The company owns and operates 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 23 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

At a Glance

Live Snapshot
Market Cap$87.64B
EPS2.1400
P/E Ratio33.49
Earnings Date08/03/2026
0.72%
Dividend Yield
-13%
3Y-52.0%
5Y-58.0%
10Y-76.0%
74.22%
Dividend Payout Ratio
-11%
3Y+26.0%
5Y-37.0%
10Y-162.0%
3Y+18.0%
5Y+29.0%
10Y+33.0%
The Williams Companies, Inc.

The Williams Companies, Inc. Dividend History

WMB ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

WMB Dividend Payment History

WMB ยท NYSE

Total Payments

50

Latest Dividend

$0.5250

Annual Amount

$2.5500

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 28, 2026
Jun 12, 2026Jun 29, 2026
$0.5250
$0.5250
Quarterly0.00%
Jan 27, 2026
Mar 13, 2026Mar 30, 2026
$0.5250
$0.5250
Quarterly+5.00%
Oct 28, 2025
Dec 12, 2025Dec 29, 2025
$0.5000
$0.5000
Quarterly0.00%
Jul 29, 2025
Sep 12, 2025Sep 29, 2025
$0.5000
$0.5000
Quarterly0.00%
Apr 29, 2025
Jun 13, 2025Jun 30, 2025
$0.5000
$0.5000
Quarterly0.00%
Jan 28, 2025
Mar 14, 2025Mar 31, 2025
$0.5000
$0.5000
Quarterly+5.26%
Nov 5, 2024
Dec 13, 2024Dec 30, 2024
$0.4750
$0.4750
Quarterly0.00%
Jul 30, 2024
Sep 13, 2024Sep 30, 2024
$0.4750
$0.4750
Quarterly0.00%
Apr 30, 2024
Jun 7, 2024Jun 24, 2024
$0.4750
$0.4750
Quarterly0.00%
Jan 30, 2024
Mar 8, 2024Mar 25, 2024
$0.4750
$0.4750
Quarterly+6.03%
Oct 24, 2023
Dec 8, 2023Dec 26, 2023
$0.4480
$0.4480
Quarterly0.00%
Jul 25, 2023
Sep 11, 2023Sep 25, 2023
$0.4480
$0.4480
Quarterly0.00%
Apr 25, 2023
Jun 12, 2023Jun 26, 2023
$0.4480
$0.4480
Quarterly0.00%
Jan 31, 2023
Mar 13, 2023Mar 27, 2023
$0.4480
$0.4480
Quarterly+5.41%
Oct 25, 2022
Dec 9, 2022Dec 26, 2022
$0.4250
$0.4250
Quarterly0.00%
Jul 26, 2022
Sep 9, 2022Sep 26, 2022
$0.4250
$0.4250
Quarterly0.00%
Apr 26, 2022
Jun 10, 2022Jun 27, 2022
$0.4250
$0.4250
Quarterly0.00%
Feb 1, 2022
Mar 11, 2022Mar 28, 2022
$0.4250
$0.4250
Quarterly+3.66%
Oct 26, 2021
Dec 10, 2021Dec 27, 2021
$0.4100
$0.4100
Quarterly0.00%
Jul 28, 2021
Sep 10, 2021Sep 27, 2021
$0.4100
$0.4100
Quarterly0.00%
Apr 27, 2021
Jun 11, 2021Jun 28, 2021
$0.4100
$0.4100
Quarterly0.00%
Jan 26, 2021
Mar 12, 2021Mar 29, 2021
$0.4100
$0.4100
Quarterly+2.50%
Oct 27, 2020
Dec 11, 2020Dec 28, 2020
$0.4000
$0.4000
Quarterly0.00%
Jul 29, 2020
Sep 11, 2020Sep 28, 2020
$0.4000
$0.4000
Quarterly0.00%
Apr 28, 2020
Jun 12, 2020Jun 29, 2020
$0.4000
$0.4000
Quarterly0.00%
Jan 28, 2020
Mar 13, 2020Mar 30, 2020
$0.4000
$0.4000
Quarterly+5.26%
Nov 7, 2019
Dec 13, 2019Dec 30, 2019
$0.3800
$0.3800
Quarterly0.00%
Aug 14, 2019
Sep 13, 2019Sep 30, 2019
$0.3800
$0.3800
Quarterly0.00%
May 9, 2019
Jun 7, 2019Jun 24, 2019
$0.3800
$0.3800
Quarterly0.00%
Feb 20, 2019
Mar 8, 2019Mar 25, 2019
$0.3800
$0.3800
Quarterly+11.76%
Nov 8, 2018
Dec 14, 2018Dec 31, 2018
$0.3400
$0.3400
Quarterly0.00%
Aug 15, 2018
Sep 7, 2018Sep 24, 2018
$0.3400
$0.3400
Quarterly0.00%
May 10, 2018
Jun 8, 2018Jun 25, 2018
$0.3400
$0.3400
Quarterly0.00%
Feb 21, 2018
Mar 9, 2018Mar 26, 2018
$0.3400
$0.3400
Quarterly+13.33%
Nov 16, 2017
Dec 8, 2017Dec 26, 2017
$0.3000
$0.3000
Quarterly0.00%
Aug 17, 2017
Sep 8, 2017Sep 25, 2017
$0.3000
$0.3000
Quarterly0.00%
May 18, 2017
Jun 9, 2017Jun 26, 2017
$0.3000
$0.3000
Quarterly0.00%
Feb 21, 2017
Mar 10, 2017Mar 27, 2017
$0.3000
$0.3000
Quarterly+50.00%
Nov 22, 2016
Dec 9, 2016Dec 27, 2016
$0.2000
$0.2000
Quarterly0.00%
Aug 19, 2016
Sep 9, 2016Sep 26, 2016
$0.2000
$0.2000
Quarterly-68.75%
Jun 8, 2016
Jun 20, 2016Jun 27, 2016
$0.6400
$0.6400
Quarterly0.00%
Mar 3, 2016
Mar 14, 2016Mar 28, 2016
$0.6400
$0.6400
Quarterly0.00%
Nov 19, 2015
Dec 11, 2015Dec 28, 2015
$0.6400
$0.6400
Quarterly0.00%
Sep 11, 2015
Sep 24, 2015Sep 30, 2015
$0.6400
$0.6400
Quarterly+8.47%
May 21, 2015
Jun 12, 2015Jun 29, 2015
$0.5900
$0.5900
Quarterly+1.72%
Feb 11, 2015
Mar 13, 2015Mar 30, 2015
$0.5800
$0.5800
Quarterly+1.75%
Nov 18, 2014
Dec 12, 2014Dec 29, 2014
$0.5700
$0.5700
Quarterly+1.79%
Aug 21, 2014
Sep 12, 2014Sep 29, 2014
$0.5600
$0.5600
Quarterly+31.76%
May 22, 2014
Jun 13, 2014Jun 30, 2014
$0.4250
$0.4250
Quarterly+5.72%
Jan 23, 2014
Mar 14, 2014Mar 31, 2014
$0.4020
$0.4020
Quarterly-
wmb

The Williams Companies, Inc. Payout Ratio Analysis

WMB ยท NYSE
Dividends Paid
-2.44B
2025
Net Income
2.62B
2025
Payout Ratio
93.28%
2025

Dividend Sustainability Analysis

Payout Ratio
93.28%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
243.0%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
-5.4%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.