Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,501.65 -12.72 -0.08%
S&P 500 1,875.39 -4.16 -0.22%
NASDAQ 4,126.97 -34.49 -0.83%
Ticker Volume Price Price Delta
STOXX 50 3,175.97 -23.72 -0.74%
FTSE 100 6,674.74 -7.02 -0.11%
DAX 9,544.19 -55.90 -0.58%
Ticker Volume Price Price Delta
NIKKEI 14,521.47 -24.80 -0.17%
TOPIX 1,170.14 -3.67 -0.31%
HANG SENG 22,481.18 -28.46 -0.13%

Williams Partners Raises Cash Distribution to 82.75 Cents per Unit



  Williams Partners Raises Cash Distribution to 82.75 Cents per Unit

  * February Payment Represents 8.5% Increase Over Year-Ago Amount

Business Wire

TULSA, Okla. -- January 22, 2013

Williams Partners L.P. (NYSE: WPZ) announced today that the regular quarterly
cash distribution its unitholders receive has been increased to $0.8275 per
unit.

The board of directors of the partnership’s general partner has approved the
quarterly cash distribution, which is payable on Feb. 8, 2013, to unitholders
of record at the close of business on Feb. 1.

The new per-unit amount is an 8.5-percent increase over the partnership’s
distribution of $0.7625 per unit that was paid in February 2012. It is also a
2.5-percent increase over the partnership’s previous quarterly distribution of
$0.8075 per unit.

This announcement is intended to be a qualified notice to nominees under
Treasury Regulation Section 1.1446-4(b)(4) and (d), with 100 percent of the
partnership’s distributions to foreign investors attributable to income that
is effectively connected with a United States trade or business. Accordingly,
the partnership's distributions to foreign investors are subject to federal
income tax withholding at the highest effective tax rate. Nominees, and not
Williams Partners L.P., are treated as the withholding agents responsible for
withholding on the distributions received by them on behalf of foreign
investors.

About Williams Partners L.P. (NYSE: WPZ)

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 (NYSE: WMB) owns approximately 70 percent of Williams
Partners, including the general-partner interest. More information is
available at www.williamslp.com, where the partnership routinely posts
important information.

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. Any such statements are made in
reliance on the “safe harbor” protections provided under the Private
Securities Reform Act of 1995. Additional information about issues that could
lead to material changes in performance is contained in the partnership’s
annual reports filed with the Securities and Exchange Commission.

Contact:

Williams Partners L.P.
Media Contact:
Jeff Pounds, 918-573-3332
or
Investor Contacts:
John Porter, 918-573-0797
or
Sharna Reingold, 918-573-2078
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement