Williams Partners Raises Cash Distribution to 79.25 Cents per Unit
Williams Partners L.P. (NYSE: WPZ) announced today that the regular quarterly cash distribution its unitholders receive has been increased to $0.7925 per unit.
The board of directors of the partnership's general partner has approved the quarterly cash distribution, which is payable on Aug. 10, 2012, to unitholders of record at the close of business on Aug. 3.
The new per-unit amount is an 8.2-percent increase over the partnership's distribution of $0.7325 per unit that was paid in August 2011. It is also a 2-percent increase over the partnership's first-quarter 2012 distribution of $0.7775 per unit.
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