Williams Cos., Williams Partners offer dividend, distribution growth guidance


Williams Cos. (WMB) and Williams Partners (WPZ) announce 2016 dividend and distribution growth guidance, which the company says is more than 5x the level of the 2010 dividend.

WMB foresees annual dividend growth of 20% through 2016, with substantial excess cash coverage and line of sight to continued high growth well beyond the guidance period.

WPZ expects per LP unit annual distribution growth of 6% in each of 2014 and 2015 and 4.5% growth in 2016, and expects cash coverage to grow to 1.03x in 2015 and 1.05x in 2016.

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Comments (1)
  • ephud
    , contributor
    Comments (4387) | Send Message
     
    Very nice to hear.
    13 May 2014, 07:00 PM Reply Like
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