Summit Midstream Partners, LP ( SMLP ) will begin trading ex-dividend on May 06, 2014. A cash dividend payment of $0.5 per share is scheduled to be paid on May 15, 2014. Shareholders who purchased SMLP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.17% increase over the prior quarter. At the current stock price of $44.74, the dividend yield is 4.47%.
The previous trading day's last sale of SMLP was $44.74, representing a -2.95% decrease from the 52 week high of $46.10 and a 65.95% increase over the 52 week low of $26.96.
SMLP is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). SMLP's current earnings per share, an indicator of a company's profitability, is $.82. Zacks Investment Research reports SMLP's forecasted earnings growth in 2014 as 40.41%, compared to an industry average of 18.6%.