Williams Companies (WMB) will raise its quarterly dividend by 5.3 percent to $0.40 per share in Q1 of 2020. This marks the 4th consecutive year of higher dividend payments.

The next dividend will be paid March 30, 2020 to shareholders of record on March 13, 2020. A new annualized dividend rate of $1.60 per share yields 7.4% at a stock price of $21.75.

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.