$30.06
+2.8%Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. It operates natural gas, crude oil, and produced water gathering systems in four unconventional resource basins, including the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations; the Denver-Julesburg Basin that consists of the Niobrara and Codell shale formations in Colorado and Wyoming; the Fort Worth Basin in Texas, which comprises the Barnett Shale formation; and the Piceance Basin in Colorado, which includes the Mesaverde formation, as well as the emerging Mancos and Niobrara Shale formations. It serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2012 and is based in Houston, Texas.
Total Payments
29
Latest Dividend
$1.8750
Annual Amount
$23.4374
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Jan 29, 2020 | Feb 7, 2020 | Feb 14, 2020 | $0.1250 | $1.8750 | Quarterly | -56.52% |
Oct 24, 2019 | Nov 7, 2019 | Nov 14, 2019 | $0.2880 | $4.3120 | Quarterly | 0.00% |
Jul 25, 2019 | Aug 7, 2019 | Aug 14, 2019 | $0.2880 | $4.3120 | Quarterly | 0.00% |
Apr 25, 2019 | May 8, 2019 | May 15, 2019 | $0.2880 | $4.3120 | Quarterly | -50.01% |
Jan 24, 2019 | Feb 7, 2019 | Feb 14, 2019 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Oct 25, 2018 | Nov 7, 2018 | Nov 14, 2018 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Jul 26, 2018 | Aug 7, 2018 | Aug 14, 2018 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Apr 26, 2018 | May 8, 2018 | May 15, 2018 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Jan 25, 2018 | Feb 7, 2018 | Feb 14, 2018 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Oct 26, 2017 | Nov 7, 2017 | Nov 14, 2017 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Jul 27, 2017 | Aug 7, 2017 | Aug 14, 2017 | $0.5750 | $8.6250 | Quarterly | 0.00% |
N/A | May 8, 2017 | May 15, 2017 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Jan 26, 2017 | Feb 7, 2017 | Feb 14, 2017 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Oct 27, 2016 | Nov 7, 2016 | Nov 14, 2016 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Jul 21, 2016 | Aug 5, 2016 | Aug 12, 2016 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Apr 21, 2016 | May 6, 2016 | May 13, 2016 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Jan 21, 2016 | Feb 5, 2016 | Feb 12, 2016 | $0.5750 | $8.6250 | Quarterly | 0.00% |
Oct 22, 2015 | Nov 6, 2015 | Nov 13, 2015 | $0.5750 | $8.6250 | Quarterly | +0.88% |
Jul 22, 2015 | Aug 7, 2015 | Aug 14, 2015 | $0.5700 | $8.5500 | Quarterly | +0.88% |
Apr 23, 2015 | May 8, 2015 | May 15, 2015 | $0.5650 | $8.4750 | Quarterly | +0.89% |
Jan 22, 2015 | Feb 6, 2015 | Feb 13, 2015 | $0.5600 | $8.4000 | Quarterly | +3.70% |
Oct 23, 2014 | Nov 7, 2014 | Nov 14, 2014 | $0.5400 | $8.1000 | Quarterly | +3.85% |
Jul 24, 2014 | Aug 7, 2014 | Aug 14, 2014 | $0.5200 | $7.8000 | Quarterly | +4.00% |
Apr 24, 2014 | May 8, 2014 | May 15, 2014 | $0.5000 | $7.5000 | Quarterly | +4.17% |
Jan 23, 2014 | Feb 7, 2014 | Feb 14, 2014 | $0.4800 | $7.2000 | Quarterly | +4.35% |
Oct 24, 2013 | Nov 7, 2013 | Nov 14, 2013 | $0.4600 | $6.9000 | Quarterly | +5.75% |
Jul 25, 2013 | Aug 7, 2013 | Aug 14, 2013 | $0.4350 | $6.5250 | Quarterly | +3.57% |
Apr 25, 2013 | May 8, 2013 | May 15, 2013 | $0.4200 | $6.3000 | Quarterly | +2.44% |
Jan 23, 2013 | Feb 7, 2013 | Feb 14, 2013 | $0.4100 | $6.1500 | Quarterly | - |
Negative payout ratio indicates the company is either not paying dividends or has negative earnings. Not a dividend-paying stock currently.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.
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Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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