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Williams Partners L.P. (NYSE:WPZ) declared a quarterly dividend on Monday, April 21st, AR Network reports. Shareholders of record on Friday, May 2nd will be given a dividend of 0.9045 per share on Friday, May 9th. This represents a $3.62 dividend on an annualized basis and a yield of 7.06%.

Several analysts have recently commented on the stock. Analysts at Credit Suisse initiated coverage on shares of Williams Partners L.P. in a research note on Thursday, March 20th. They set a “buy” rating and a $55.00 price target on the stock. Analysts at Jefferies Group downgraded shares of Williams Partners L.P. from a “buy” rating to a “hold” rating in a research note on Thursday, March 20th. They now have a $52.00 price target on the stock, down previously from $54.00. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $52.11.

Shares of Williams Partners L.P. (NYSE:WPZ) traded up 1.25% on Monday, hitting $51.89. The stock had a trading volume of 339,519 shares. Williams Partners L.P. has a 1-year low of $45.37 and a 1-year high of $54.66. The stock has a 50-day moving average of $50. and a 200-day moving average of $50.51. The company has a market cap of $22.760 billion and a P/E ratio of 20.22.

Williams Partners L.P. (NYSE:WPZ) last released its earnings data on Wednesday, February 19th. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.41 by $0.29. Analysts expect that Williams Partners L.P. will post $2.10 EPS for the current fiscal year.

Williams Partners L.P. focuses on natural gas transportation; gathering, treating, and processing; storage; natural gas liquid (NYSE:WPZ) fractionation, and oil transportation.

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