Williams expects to hike annual dividend by 20% till 2016

Williams and Williams Partners announced dividend and distribution growth guidance for 2016. 

 

Williams and Williams Partners announced dividend and distribution growth guidance for 2016. Highlights:-WMB Expects Annual Dividend #

Highlights: 

-WMB Expects Annual Dividend Growth of 20% Through 2016 with Substantial Excess -Cash Coverage and Line of Sight to Continued High Growth Well Beyond Guidance Period

-WPZ Expects per LP Unit Annual Distribution Growth of 6% in Each 2014 and 2015 and 4.5% Growth in 2016

-WPZ Expects Cash Coverage to Grow to 1.03 in 2015 and 1.05 in 2016

 

Williams and Williams Partners announced dividend and distribution growth guidance for 2016. Highlights:-WMB Expects Annual Dividend #

In addition to in-depth information on the energy infrastructure business segments, the presentations contain financial guidance consistent with guidance issued earlier in May for years 2014 and 2015 and additional guidance for 2016. Williams expects rapidly growing distributions for WPZ and Access Midstream Partners, L.P., including distributions from its LP and GP interests including incentive distribution rights, to drive 20 percent dividend growth at Williams through 2016. 

 

Williams and Williams Partners announced dividend and distribution growth guidance for 2016. Highlights:-WMB Expects Annual Dividend #

Williams Partners expects, at the midpoint of guidance ranges, per LP unit annual distribution growth of 6 percent in each 2014 and 2015 and 4.5 percent in 2016. Williams Partners expects cash distribution coverage of 1.03 in 2015 and 1.05 in 2016. 

 

Williams and Williams Partners announced dividend and distribution growth guidance for 2016. Highlights:-WMB Expects Annual Dividend #

"With this extension of our guidance, the expected 2016 dividend is more than five times the level of the 2010 dividend," said Alan Armstrong, Williams' chief executive officer. "We're pleased to continue this pace of high dividend and distribution growth and reward shareholders as we serve customer needs by connecting the best supplies of natural gas and natural gas liquids to the highest-value markets." 

 

Williams and Williams Partners announced dividend and distribution growth guidance for 2016. Highlights:-WMB Expects Annual Dividend #