Equitrans Midstream Dividend
Dividend criteria checks 3/6
Equitrans Midstream is a dividend paying company with a current yield of 4.39% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
4.4%
Dividend yield
66%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | 15 May 24 |
Ex dividend date | 06 May 24 |
Dividend per share | n/a |
Earnings per share | €0.91 |
Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 37W has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 37W has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Equitrans Midstream Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (37W) | 4.4% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Oil and Gas) | 3.3% |
Analyst forecast in 3 Years (37W) | 4.4% |
Notable Dividend: 37W's dividend (4.39%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 37W's dividend (4.39%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.1%), 37W's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.4%), 37W's dividend payments are well covered by cash flows.