Williams Partners Announces Quarterly Cash Distribution
July 24 2017 - 2:36PM
Business Wire
Williams Partners L.P. (NYSE: WPZ) today announced a regular
quarterly cash distribution of $0.60 per unit for its common
unitholders. The distribution is consistent with the previous
quarter.
The board of directors of the partnership's general partner has
approved the quarterly cash distribution, which is payable on Aug.
11, 2017, to common unitholders of record at the close of business
on Aug. 4, 2017.
About Williams Partners
Williams Partners is an industry-leading, large-cap natural gas
infrastructure master limited partnership with a strong growth
outlook and major positions in key U.S. supply basins. Williams
Partners has operations across the natural gas value chain
including gathering, processing and interstate transportation of
natural gas and natural gas liquids. Williams Partners owns and
operates more than 33,000 miles of pipelines system wide –
including the nation’s largest volume and fastest growing pipeline
– providing natural gas for clean-power generation, heating and
industrial use. Williams Partners’ operations touch approximately
30 percent of U.S. natural gas. Tulsa, Okla.-based Williams (NYSE:
WMB), a premier provider of large-scale U.S. natural gas
infrastructure, owns approximately 74 percent of Williams
Partners.
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although the partnership
believes any such statements are based on reasonable assumptions,
there is no assurance that actual outcomes will not be materially
different. Additional information about issues that could lead to
material changes in performance is contained in the partnership’s
annual and quarterly reports filed with the Securities and Exchange
Commission.
This announcement is intended to be a qualified notice to
nominees under Treasury Regulation Section 1.1446-4(b)(4) and (d).
The partnership’s distributions to foreign investors, which are
attributable to income that is 100 percent effectively connected
with a U.S. trade or business, are subject to federal income tax
withholding under U.S. law at the highest applicable effective tax
rate. Nominees, and not Williams Partners L.P., are treated as
withholding agents responsible for withholding on the distributions
received by them on behalf of foreign investors.
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version on businesswire.com: http://www.businesswire.com/news/home/20170724006069/en/
Williams Partners L.P.Media Contact:Keith Isbell,
918-573-7308orInvestor Contact:Brett Krieg, 918-573-4614
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