To: Elroy who wrote (74678 ) 12/29/2023 11:55:18 AM From: E_K_S Read Replies (1) | Respond to of 78775 Re: WMB WMB is my No 3 position in the portfolio. Have built a nice position w/ a few buys in 2009 & 2010 (at/near $11.30/share) and more in size in 2019, 2020. avg cost at $15/share. They generate good positive FCF & continue to use 50% of that FCF in new capital investments. Currently their div yield is around 5% . From my AI BARD Williams Companies (WMB) Dividend Summary:Dividend Information: Dividend Type: The Williams Companies dividend is classified as a Qualified Dividend . This means that a portion of the dividend may be eligible for preferential tax treatment, potentially lowering your tax burden on the received income.Dividend Yield: As of today, December 29, 2023, the annualized dividend yield for WMB is approximately 5.11% . This means that for every share of WMB stock you own, you can expect to receive an annual dividend of $1.79.Payment Frequency: Williams Companies pays a quarterly dividend . This means that shareholders receive a dividend payment four times per year.Dividend History (Past 3 Years): YearAnnual DividendYear-End Dividend Growth2023 $1.79 +12.1% 2022 $1.60 +3.1% 2021 $1.55 +4.6%
drive_spreadsheetExport to SheetsReturn of Capital vs. Income: While the Williams Companies dividend is classified as a qualified dividend, it's important to note that a portion of the dividend may be considered a Return of Capital (ROC) distribution. This means that the payment is coming from the company's capital base, rather than its current earnings. ROC distributions are not taxable as income, but they can reduce your cost basis in the stock, which can have tax implications when you sell your shares.Here's a breakdown of the ROC component in WMB's dividend over the past three years: YearDividend AmountEstimated ROC %2023 $1.79 5-10% 2022 $1.60 5-10% 2021 $1.55 5-10%
--------------------------------------------------------------------Company generates good income, upside at/near $55. A lot depends on the LNG exports to Asia asWMB's strategically located terminals and pipelines position it well to capitalize on this trend. WMB has some project that do Carbon Capture & even in hydrogen. It's a commodity driven business so they have limited pricing power.