Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. It operates through three segments: Gathering System, Transmission and Storage System, and Water Service System. The Gathering System segment include 1,130 miles of high-pressure gathering lines with compression of approximately 485,000 horsepower and multiple interconnect points; and approximately 910 miles of Federal Energy Regulatory Commission (FERC) low-pressure gathering lines. The Transmission and Storage System segment comprises 950 miles of FERC regulated interstate pipeline that connects to seven interstate pipelines and local distribution companies. The Water Service System segment include two independent systems comprised approximately 200 miles of pipeline that deliver fresh water from the Monongahela River, the Ohio River, local reservoirs, and various regional waterways. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.
Equitrans Midstream Dividend Announcement
• Equitrans Midstream announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-06
• Equitrans Midstream annual dividend for 2024 was $0.30
• Equitrans Midstream annual dividend for 2023 was $0.60
• Equitrans Midstream's trailing twelve-month (TTM) dividend yield is 2.42%
• Equitrans Midstream's payout ratio for the trailing twelve months (TTM) is 69.91%
Equitrans Midstream Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-06 | $0.15 | quarterly | 2024-05-15 |
2024-02-05 | $0.15 | quarterly | 2024-02-14 |
2023-11-02 | $0.15 | quarterly | 2023-11-14 |
2023-08-03 | $0.15 | quarterly | 2023-08-14 |
2023-05-04 | $0.15 | quarterly | 2023-05-15 |
2023-02-03 | $0.15 | quarterly | 2023-02-14 |
2022-11-01 | $0.15 | quarterly | 2022-11-14 |
2022-08-02 | $0.15 | quarterly | 2022-08-12 |
2022-05-03 | $0.15 | quarterly | 2022-05-13 |
2022-02-02 | $0.15 | quarterly | 2022-02-14 |
2021-11-01 | $0.15 | quarterly | 2021-11-12 |
2021-08-03 | $0.15 | quarterly | 2021-08-13 |
2021-05-04 | $0.15 | quarterly | 2021-05-14 |
2021-02-02 | $0.15 | quarterly | 2021-02-12 |
2020-11-02 | $0.15 | quarterly | 2020-11-13 |
2020-08-03 | $0.15 | quarterly | 2020-08-13 |
2020-05-11 | $0.15 | quarterly | 2020-05-21 |
2020-02-10 | $0.45 | quarterly | 2020-02-21 |
2019-11-12 | $0.45 | quarterly | 2019-11-22 |
2019-08-12 | $0.45 | quarterly | 2019-08-22 |
2019-05-13 | $0.45 | quarterly | 2019-05-23 |
2019-02-14 | $0.41 | quarterly | 2019-02-27 |
Equitrans Midstream Dividend per year
Equitrans Midstream Dividend growth
Equitrans Midstream Dividend Yield
Equitrans Midstream current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Equitrans Midstream stock? Use our calculator to estimate your expected dividend yield:
Equitrans Midstream Financial Ratios
Equitrans Midstream Dividend FAQ
Other factors to consider when evaluating Equitrans Midstream as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Equitrans Midstream's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Equitrans Midstream publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Equitrans Midstream distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Equitrans Midstream are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Equitrans Midstream sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Equitrans Midstream distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Equitrans Midstream declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Equitrans Midstream's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Equitrans Midstream's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.