Comment on Williams Companies Is Buying This High-Yield Stock -- Should You?

Williams Companies Is Buying This High-Yield Stock -- Should You?

Image source: Getty Images.When Williams Companies (NYSE: WMB) slashed its dividend by a mammoth 68.8% earlier this month, it did so with one purpose in mind. It wanted to use a significant portion of the cash it had been sending back to shareholders to buy a larger stake in its MLP Williams Partners (NYSE: WPZ).

 

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