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Williams Partners L.P. (NYSE:WPZ) announced a quarterly dividend on Monday, July 21st, StockRatingsNetwork reports. Shareholders of record on Friday, August 1st will be paid a dividend of 0.9165 per share on Friday, August 8th. This represents a $3.67 annualized dividend and a dividend yield of 6.88%.

A number of analysts have recently weighed in on WPZ shares. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Williams Partners L.P. in a research note on Tuesday, July 8th. On a related note, analysts at Citigroup Inc. initiated coverage on shares of Williams Partners L.P. in a research note on Monday, June 23rd. They set a “buy” rating and a $55.00 price target on the stock. Finally, analysts at Raymond James raised their price target on shares of Williams Partners L.P. from $56.00 to $59.00 in a research note on Thursday, June 19th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. Williams Partners L.P. presently has an average rating of “Hold” and an average target price of $56.01.

Shares of Williams Partners L.P. (NYSE:WPZ) traded down 0.54% during mid-day trading on Monday, hitting $53.27. 895,967 shares of the company’s stock traded hands. Williams Partners L.P. has a one year low of $47.59 and a one year high of $57.29. The stock has a 50-day moving average of $53.5 and a 200-day moving average of $51.45. The company has a market cap of $23.366 billion and a price-to-earnings ratio of 22.51.

Williams Partners L.P. (NYSE:WPZ) last announced its earnings results on Wednesday, April 30th. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.46 by $0.10. Analysts expect that Williams Partners L.P. will post $1.83 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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