Equitrans Midstream Dividend
Dividend criteria checks 4/6
Equitrans Midstream is a dividend paying company with a current yield of 4.83% that is well covered by earnings.
Key information
4.8%
Dividend yield
33%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.600 |
| Earnings per share | US$0.90 |
| Dividend yield forecast | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EQTN.P has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EQTN.P 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EQTN.P) | 4.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Oil and Gas) | 3.9% |
| Analyst forecast (EQTN.P) (up to 3 years) | 5.3% |
Notable Dividend: EQTN.P's dividend (4.83%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: EQTN.P's dividend (4.83%) is in the top 25% of dividend payers in the US market (4.44%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), EQTN.P's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.1%), EQTN.P's dividend payments are well covered by cash flows.