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Equitrans Midstream (Equitrans Midstream) 3-Year Dividend Growth Rate : -12.60% (As of Mar. 2024)


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What is Equitrans Midstream 3-Year Dividend Growth Rate?

Equitrans Midstream's Dividends per Share for the three months ended in Mar. 2024 was $0.15.

The historical rank and industry rank for Equitrans Midstream's 3-Year Dividend Growth Rate or its related term are showing as below:

ETRN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -30.1   Med: -21.35   Max: -12.6
Current: -12.6

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Equitrans Midstream was -12.60% per year. The lowest was -30.10% per year. And the median was -21.35% per year.

ETRN's 3-Year Dividend Growth Rate is ranked worse than
91.78% of 304 companies
in the Oil & Gas industry
Industry Median: 14.5 vs ETRN: -12.60

During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Equitrans Midstream's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.68. As of today, Equitrans Midstream's Dividend Yield % is 4.60%.

Warning Sign:

Equitrans Midstream Corp stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Equitrans Midstream's 3-Year Dividend Growth Rate

For the Oil & Gas Midstream subindustry, Equitrans Midstream's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equitrans Midstream's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Equitrans Midstream's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Equitrans Midstream's 3-Year Dividend Growth Rate falls into.



Equitrans Midstream 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Equitrans Midstream  (NYSE:ETRN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Equitrans Midstream's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.15/ 0.221
=0.68

During the past 9 years, the highest Dividend Payout Ratio of Equitrans Midstream was 1.72. The lowest was 0.65. And the median was 0.86.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Equitrans Midstream Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1500002024-02-052024-02-062024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1500002023-11-022023-11-032023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1500002023-08-032023-08-042023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1500002023-05-042023-05-052023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Equitrans Midstream's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.6/13.10
=4.58 %

Current Share Price is $13.10.
Equitrans Midstream's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

During the past 9 years, the highest Dividend Yield of Equitrans Midstream was 41.90%. The lowest was 1.89%. And the median was 7.41%.

Warning Sign:

Equitrans Midstream Corp stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equitrans Midstream 3-Year Dividend Growth Rate Related Terms>


Equitrans Midstream (Equitrans Midstream) Business Description

Traded in Other Exchanges
Address
2200 Energy Drive, Canonsburg, PA, USA, 15317
Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio.
Executives
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Kirk R Oliver officer: Sr VP & CFO 1601 BRYAN STREET, DALLAS TX 75201
Stephen M Moore officer: Sr VP & General Counsel 2200 ENERGY DRIVE, CANONSBURG PA 15317
Thomas F Karam officer: President & CEO C/O SOUTHERN UNION CO, ONE PEI CENTER, WILKES BARRE PA 18711-0601
Patricia K Collawn director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Kenneth Michael Burke director 11742 RIVERVIEW DRIVE, HOUSTON TX 77007
Diana M Charletta officer: EVP & Chief Operating Officer 2200 ENERGY DRIVE, CANONSBURG PA 15317
Sarah Morrison Barpoulis director SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
D Mark Leland director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Margaret K Dorman director C/O SMITH INTERNATIONAL INC, PO BOX 60068, HOUSTON TX 77205
Brian P. Pietrandrea officer: Controller 2200 ENERGY DRIVE, CANONSBURG PA 15317
David L Porges director 700 UNIVERSE BLVD, C/O NEXTERA ENERGY, INC., JUNO BEACH FL 33408
Robert F Vagt director 5300 MEMORIAL DR, STE 800, HOUSTON TX 77007
Phillip D. Swisher officer: VP & Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 2000, PITTSBURGH PA 15222
Norman J Szydlowski director 6120 S. YALE, SUITE 700, TULSA OK 74136