Trailing Dividend / Share
$2.00
The Williams Companies, Inc. (WMB) Dividend History
Income profile from 1982 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.7%
Payout Ratio
93.3%
At Risk
Dividend Streak
8 years
WMB Dividend Income Check
Safety
93.3% payout ratio with at risk safety profile.
Consistency
8 straight years of dividend increases.
Income Trend
Yield on cost is 10.0% and trend is rising.
WMB Dividend Scorecard
Yield & Income
Dividend Yield2.7%
Trailing DPS$2.00
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout93.3%
Earnings SafetyAt Risk
FCF Payout338.8%
FCF SafetyStretched
Piotroski F-Score7/9
Growth
Growth Streak8 years
3Y CAGR5.6%
5Y CAGR4.6%
Yield on Cost (5Y)10.0%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield2.7%
1Y Total Return27.1%
5Y Total Return216.1%
Div Contribution (5Y)35.5%
Estimated $10K growth (return + dividends):
5Y ago$31,61210Y ago$40,00020Y ago$60,267
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WMB Income Growth Story
Dividend per share and yield on cost over time (45 years of payments)
WMB Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
The Williams Companies, Inc. distributes 93.3% of earnings as dividends (At Risk). When measured against free cash flow—a stricter test—the payout ratio stands at 338.8%, rated "Stretched".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
WMB has raised its dividend for 8 consecutive years, with a 3-year CAGR of 5.6% and 5-year CAGR of 4.6%.
Total Shareholder Returns
Beyond cash dividends, WMB returns capital through share repurchases. The combined picture: 2.7% dividend yield, 2.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 10.0% and is currently rising. The 5-year total return is 216.1%, with dividends contributing 35.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $40,000 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
WMB Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$9.26
Avg/Payment$0.4630
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 12, 2026Latest | $0.5250 | — | 2.84% | Jun 29, 2026 |
| Mar 13, 2026 | $0.5250 | ↑ +5.0% | 2.76% | Mar 30, 2026 |
| Dec 12, 2025 | $0.5000 | — | 3.35% | Dec 29, 2025 |
| Sep 12, 2025 | $0.5000 | — | 3.36% | Sep 29, 2025 |
| Jun 13, 2025 | $0.5000 | — | 3.26% | Jun 30, 2025 |
| Mar 14, 2025 | $0.5000 | ↑ +5.3% | 3.36% | Mar 31, 2025 |
| Dec 13, 2024 | $0.4750 | — | 3.49% | Dec 30, 2024 |
| Sep 13, 2024 | $0.4750 | — | 4.16% | Sep 30, 2024 |
WMB Dividend vs Peers
Comparable companies in the same industry
#7 yield in peer group
Div Yield
2.7%
#7 of 8
Safety
At Risk
93.3% payout
Streak
8Y
4.6% 5Y CAGR
Total Shareholder
2.7%
#7 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| WMBThe Williams Compani… | $89.4B | 2.7% | 93.3% | 8 | At Risk |
 KMIKinder Morgan, Inc. | $70.3B | 3.7% | 85.2% | 8 | At Risk |
2nd  ETEnergy Transfer LP | $64.5B | 6.9% | 96.4% | 4 | At Risk |
3rd  EPDEnterprise Products … | $79.1B | 5.8% | 80.5% | 28 | Watch |
 TRGPTarga Resources Corp… | $55.5B | 1.5% | 44.4% | 4 | Sustainable |
 OKEONEOK, Inc. | $53.6B | 4.8% | 76.1% | 3 | Watch |
1st  MPLXMPLX Lp | $57.7B | 6.9% | 81.8% | 4 | Watch |
 AMAntero Midstream Cor… | $10.3B | 4.2% | 1.1% | 0 | Sustainable |
WMB Annual Dividend History (1982–2026)
45 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.05 | — | 2 | — | — | — | 5.2% |
| 2025 | $2.00 | 5.3% | 4 | $2.14 | 93.5% | 1.07x | 10.0% |
| 2024 | $1.90 | 6.1% | 4 | $1.82 | 104.4% | 0.96x | 9.5% |
| 2023 | $1.79 | 5.3% | 4 | $2.60 | 68.8% | 1.45x | 8.9% |
| 2022 | $1.70 | 3.7% | 4 | $1.67 | 101.8% | 0.98x | 8.5% |
| 2021 | $1.64 | 2.5% | 4 | $1.24 | 132.3% | 0.76x | 8.2% |
| 2020 | $1.60 | 5.3% | 4 | $0.17 | 941.2% | 0.11x | 8.0% |
| 2019 | $1.52 | 11.8% | 4 | $0.70 | 217.1% | 0.46x | 7.6% |
| 2018 | $1.36 | 13.3% | 4 | $-0.16 | — | — | 6.8% |
| 2017 | $1.20 | -28.6% | 4 | $2.62 | 45.8% | 2.18x | 6.0% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into WMB consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
44+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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WMB — Frequently Asked Questions
Quick answers to the most common questions about buying WMB stock.
How much dividend does WMB pay per share?
The Williams Companies, Inc. (WMB) pays a trailing 12-month dividend of $2.00 per share, with a current dividend yield of +2.7%. Payments are made Semi-Annual.
When is WMB's next ex-dividend date?
WMB's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WMB typically pays dividends Semi-Annual.
Is WMB's dividend safe?
WMB's dividend safety is rated "At Risk" based on an earnings payout ratio of +93.3% and FCF payout ratio of +338.8%. The 8-year growth streak provides moderate confidence.
Is WMB a Dividend Payer?
Yes, The Williams Companies, Inc. is classified as a Dividend Payer with 8 consecutive years of dividend increases. The 5-year dividend CAGR is +4.6%, demonstrating modest dividend growth.
How often does WMB pay dividends?
The Williams Companies, Inc. pays dividends Semi-Annual. The trailing 12-month total is $2.00 per share. Dividend data on this page covers 44+ years from 1982 to 2026.
How much would $10,000 invested in WMB grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WMB five years ago would be worth approximately $31,612 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WMB's yield on cost for long-term holders?
WMB's yield on cost — the current dividend divided by the original purchase price — is +10.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.7% market yield, thanks to consistent dividend growth.