TULSA, Okla., May 15 /PRNewswire-FirstCall/ -- Williams' (NYSE: WMB)
board of directors today approved an increase of the regular dividend on
the company's common stock. The new dividend is 11 cents per share, payable
on June 30, 2008, to holders of record at the close of business on June 13,
2008.
Today's declaration by the board raises the dividend by 10 percent
compared with the 10 cents per share that the company paid in each of the
four prior quarters.
Williams has paid a common stock dividend every quarter since 1974.
This is the fifth increase in the Williams dividend since late 2004.
About Williams (NYSE: WMB)
Williams, through its subsidiaries, finds, produces, gathers, processes
and transports natural gas. Williams' operations are concentrated in the
Pacific Northwest, Rocky Mountains, Gulf Coast, and Eastern Seaboard. More
information is available at http://www.williams.com. Go to
http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our e-mail list.
Contact: Jeff Pounds
Williams (media relations)
(918) 573-3332
Richard George
Williams (investor relations)
(918) 573-3679
Portions of this document may constitute "forward-looking statements"
as defined by federal law. Although the company believes any such
statements are based on reasonable assumptions, there is no assurance that
actual outcomes will not be materially different. Any such statements are
made in reliance on the "safe harbor" protections provided under the
Private Securities Reform Act of 1995. Additional information about issues
that could lead to material changes in performance is contained in the
company's annual reports filed with the Securities and Exchange Commission.
SOURCE Williams
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Related links:
http://www.williams.com
CONTACT:
media relations, Jeff Pounds,
+1-918-573-3332, or investor relations, Richard George,
+1-918-573-3679, both of Williams
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