Williams Companies (WMB) will raise its quarterly dividend by 11.8 percent to $0.38 per share in Q1 of 2019 and marks the 3rd consecutive year of higher dividend payments.

The increased dividend will be paid March 25, 2019 to shareholders of record on March 8, 2019. A new annualized dividend rate of $1.52 per share yields 5.6% at a stock price of $27.11 for WMB

The Williams Companies, Inc. is an energy infrastructure company focused on connecting North America's hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. Headquartered in Tulsa, Okla., Williams owns approximately 74 percent of Williams Partners L.P. (WPZ). Williams Partners is a master limited partnership with operations across the natural gas value chain from gathering, processing and interstate transportation of natural gas and natural gas liquids to petchem production of ethylene, propylene and other olefins. Williams has paid a common stock dividend every quarter since 1974.