Williams Companies Stock To Go Ex-dividend Tomorrow (WMB)

NEW YORK ( TheStreet) -- The ex-dividend date for Williams Companies (NYSE: WMB) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $29.79 as of 9:30 a.m. ET, the dividend yield is 3.4%.

The average volume for Williams Companies has been 9.5 million shares per day over the past 30 days. Williams Companies has a market cap of $17.13 billion and is part of the basic materials sector and energy industry. Shares are down 8.1% year to date as of the close of trading on Monday.

The Williams Companies, Inc., through its subsidiaries, engages in finding, producing, gathering, processing, and transporting natural gas primarily in the United States. The company has a P/E ratio of 22.6, above the average energy industry P/E ratio of 17.4 and above the S&P 500 P/E ratio of 17.7.

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