Williams Partners raises cash distribution by 6.7%

22 Apr '14

1 min read

Williams Partners L.P. announced that the regular quarterly cash distribution its common unit holders receive has been increased to $0.9045 per unit.

The board of directors of the partnership's general partner has approved the quarterly cash distribution, which is payable on May 9, 2014, to common unit holders of record at the close of business on May 2.

The new per-unit amount is a 6.73-percent increase over the partnership's distribution of $0.8475 per unit that was paid in May 2013. It is also a 1.34-percent increase over the partnership's previously quarterly distribution of $0.8925 per unit.

Williams Partners L.P. is a leading diversified master limited partnership focused on natural gas transportation; gathering, treating, and processing; storage; natural gas liquid (NGL) fractionation; and oil transportation. The partnership owns interests in three major interstate natural gas pipelines that, combined, deliver 14 percent of the natural gas consumed in the United States.

The partnership’s gathering and processing assets include large-scale operations in the U.S. Rocky Mountains and both onshore and offshore along the Gulf of Mexico. Williams owns approximately 66 percent of Williams Partners, including the general-partner interest.

Williams Partners

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