The Numbers Don't Lie: This 8%-Yielding Dividend Stock Is on Rock-Solid Ground
The second quarter was the most brutal period in the history of the energy market. Demand fell off a cliff, taking prices with it. That caused massive disruptions throughout the energy industry.
However, you wouldn't know that from looking at the second-quarter numbers of natural gas pipeline giant Williams Companies (NYSE: WMB). It delivered steady results during the period, which kept its 8%-yielding dividend on a firm foundation. It fully expects that trend to continue, given the durability of its business model and the visible growth it sees ahead as market conditions improve.
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Source Fool.com
