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The Williams Companies, Inc. (WMB)
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WMB Dividends

The Williams Companies, Inc. (WMB) pays $2.05 in dividends per share, with a current dividend yield of 2.87%. The company has dividend history for 8 consecutive years.

WMB Dividend Summary

Consecutive Years

8

Most Recent Ex-Date

Jun 12, 2026

Next Payment Date

Jun 29, 2026

WMB Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

WMB Dividends CAGR Chart

The Williams Companies, Inc. (WMB)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.05
2025$2.00+5.26%
2024$1.90+6.15%
2023$1.79+5.29%
2022$1.70+3.66%
2021$1.64+2.50%
2020$1.60+5.26%
2019$1.52+11.76%
2018$1.36+13.33%
2017$1.20-28.57%
2016$1.68-31.43%
2015$2.45+25.16%
2014$1.96+36.22%
2013$1.44+20.13%
2012$1.20+89.35%
2011$0.63+59.79%
2010$0.40+10.23%
2009$0.36+2.33%
2008$0.35+10.26%
2007$0.32+13.04%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.53+5.00%
Q1 2026$0.53+5.00%
Q4 2025$0.50+5.26%
Q3 2025$0.50+5.26%
Q2 2025$0.50+5.26%
Q1 2025$0.50+5.26%
Q4 2024$0.47+6.15%
Q3 2024$0.47+6.15%
Q2 2024$0.47+6.15%
Q1 2024$0.47+6.15%
Q4 2023$0.45+5.29%
Q3 2023$0.45+5.29%
Q2 2023$0.45+5.29%
Q1 2023$0.45+5.29%
Q4 2022$0.42+3.66%
Q3 2022$0.42+3.66%
Q2 2022$0.42+3.66%
Q1 2022$0.42+3.66%
Q4 2021$0.41+2.50%
Q3 2021$0.41+2.50%
Q2 2021$0.41+2.50%
Q1 2021$0.41+2.50%
Q4 2020$0.40+5.26%
Q3 2020$0.40+5.26%

Dividend Yield Metrics

Current Yield
2.87%
Average Yield (TTM)
2.87%
Average Yield (3Y)
2.65%
Forward Yield on Cost (3Y)
3.50%
Forward Yield on Cost (5Y)
3.99%
Forward Yield on Cost (10Y)
5.56%

Payout Ratio Analysis

Payout Ratio (Current)
89.52%
FCF Payout Ratio
346.68%
Payout Ratio (3Y Avg)
88.81%
Payout Ratio (5Y Avg)
99.77%
FCF Payout (3Y Avg)
134.71%
FCF Payout (5Y Avg)
111.49%

An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.

Dividend Coverage

Payout Ratio
89.5%
Dividends / net income
FCF Payout Ratio
346.7%
Dividends / free cash flow
Consecutive Years
8 years
Years with regular dividend payments
5Y Dividend Growth
4.6%
Compound annual dividend growth

About The Williams Companies, Inc.

The Williams Companies, Inc., alongside its subsidiaries, operates as a prominent energy infrastructure entity, primarily conducting business throughout the United States. The company’s operations are organized into four key segments: Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services. The Transmission & Gulf of Mexico division manages crucial natural gas pipelines such as Transco and Northwest, in addition to natural gas gathering and processing, and crude oil production handling and transportation assets situated in the Gulf Coast. This segment also oversees various petrochemical and feedstock pipelines. Focusing on midstream activities, the Northeast G&P segment handles gathering, processing, and fractionation within the Marcellus Shale region, predominantly in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment delivers gas gathering, processing, and treating services across the Rocky Mountain areas of Colorado and Wyoming, the Barnett Shale in north-central Texas, the Eagle Ford Shale in South Texas, the Haynesville Shale in northwest Louisiana, and the expansive Mid-Continent region (including the Anadarko, Arkoma, and Permian basins). This segment also operates natural gas liquid (NGL) fractionation and storage facilities located near Conway in central Kansas. The Gas & NGL Marketing Services segment provides comprehensive wholesale marketing, trading, storage, and transportation of natural gas to utilities, municipalities, power generators, and producers, while also offering risk and asset management and NGL marketing services. The company possesses and operates an extensive network, including 30,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and an approximate NGL storage capacity of 23 million barrels. The Williams Companies, Inc. was established in 1908 and maintains its headquarters in Tulsa, Oklahoma.

Tulsa, OK
5,829 employees
Energy / Oil & Gas Midstream
Sector
Energy
Industry
Oil & Gas Midstream
CEO
Chad J. Zamarin