NYSE:SMLP
Summit Midstream Partners LP Stock Dividends
$28.99
+0.97 (+3.46%)
At Close: Apr 26, 2024
SMLP used to pay dividends quarterly. Last paid amount was $1.88 at Nov 10, 2020. As of today, dividend yield (TTM) is 0%.
Dividend Yield Range
The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of SMLP
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Key Stats
| Dividend Yield (TTM) | 0% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $1.88 |
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Summit Midstream Partners LP has not yet announced its next dividend date. Last payment date was: Nov 10, 2020.
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SMLP Dividend Payout History
To ensure a understanding of SMLP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 29, 2020 | Feb 06, 2020 | Nov 10, 2020 | $1.88 | 14.80% |
| 2 | Oct 24, 2019 | Nov 06, 2019 | Nov 14, 2019 | $4.32 | 7.44% |
| 3 | Jul 26, 2019 | Aug 06, 2019 | Aug 14, 2019 | $4.32 | 5.48% |
| 4 | Apr 25, 2019 | May 07, 2019 | May 15, 2019 | $4.32 | 3.49% |
| 5 | Jan 25, 2019 | Feb 06, 2019 | Feb 14, 2019 | $8.63 | 4.41% |
| 6 | Oct 25, 2018 | Nov 06, 2018 | Nov 14, 2018 | $8.63 | 4.03% |
| 7 | Jul 26, 2018 | Aug 06, 2018 | Aug 14, 2018 | $8.63 | 3.42% |
| 8 | Apr 26, 2018 | May 07, 2018 | May 15, 2018 | $8.63 | 3.75% |
| 9 | Jan 25, 2018 | Feb 06, 2018 | Feb 14, 2018 | $8.63 | 2.82% |
| 10 | Oct 26, 2017 | Nov 06, 2017 | Nov 14, 2017 | $8.63 | 3.01% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Low (30.71%)
Growth potential
No dividend expected in the near future
SMLP Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Natural Resource Partners LP | 1.159B | $2.44 | 7.18% | 69.88% | |
| Genie Energy Ltd | 424.351M | $0.0750 | 1.73% | 53.96% | |
| Summit Midstream Partners LP | 292.03M | $1.88 | 0% | -14.85% |
FAQ
What factors can affect the amount of SMLP's dividend payments?
The amount of SMLP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in SMLP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.
Can dividends from SMLP stock be automatically reinvested?
If SMLP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy SMLP stock.
How often does SMLP pay dividend?
Summit Midstream Partners LP (SMLP) used to pay dividends quarterly. The most recent payout was on Nov 10, 2020.
How much does SMLP pays per share?
The last recorder (Feb 06, 2020) dividend per share was $1.88.
What is SMLP dividend growth rate?
Over the last year, Summit Midstream Partners LP has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Summit Midstream Partners LP has maintained an average Dividends Per Share Growth Rate of -15.37%.
