Summit Midstream Partners, LP ( SMLP ) will begin trading ex-dividend on May 04, 2016. A cash dividend payment of $0.575 per share is scheduled to be paid on May 13, 2016. Shareholders who purchased SMLP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that SMLP has paid the same dividend. At the current stock price of $21.4, the dividend yield is 10.75%.
The previous trading day's last sale of SMLP was $21.4, representing a -39.2% decrease from the 52 week high of $35.20 and a 93.49% increase over the 52 week low of $11.06.
SMLP is a part of the Public Utilities sector, which includes companies such as National Grid Transco, PLC ( NGG ) and Enterprise Products Partners L.P. ( EPD ). SMLP's current earnings per share, an indicator of a company's profitability, is -$2.91. Zacks Investment Research reports SMLP's forecasted earnings growth in 2016 as -40.05%, compared to an industry average of -1.6%.
Interested in gaining exposure to SMLP through an Exchange Traded Fund [ETF]?
The following ETF(s) have SMLP as a top-10 holding:
- Direxion Zacks MLP High Income Shares ( ZMLP ).
The top-performing ETF of this group is ZMLP with an increase of 3.85% over the last 100 days.