Equitrans Midstream Corporation (ETRN) Dividends
Dividend Yield and Dividend History Highlights
- ETRN reports a compound annual dividend growth rate of 0.45% over the past 4.25 years.
- Free cash flow for ETRN has a compound average growth rate of 208.88%, which is higher than 96.71% of stocks in our dividend set.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with ETRN that may be suitable potential portfolio mates: CSWI, PJT, SUZ, EAT and MANU.
ETRN Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $12.42 | $16.54 | 106.18% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of ETRN, the dividend discount model StockNews created for the company implies a positive return of 106.18%. Digging deeper, the aspects of Equitrans Midstream Corp's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, Equitrans Midstream Corp's dividend yield of 7.48% is in the top 7.3%.
- In terms of who is growing the amount of dividends they return to shareholders, Equitrans Midstream Corp has been increasing its dividends at a faster rate than 95.89% of US-listed dividend-issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Energy sector, Equitrans Midstream Corp has an equity discount rate lower than 9.52% of them.
ETRN Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-05-06 | Dividend | $0.15 | -- |
| 2024-02-05 | Dividend | $0.15 | -- |
| 2023-11-02 | Dividend | $0.15 | -- |
| 2023-08-03 | Dividend | $0.15 | -- |
| 2023-05-04 | Dividend | $0.15 | -- |
| 2023-02-03 | Dividend | $0.15 | -- |
| 2022-11-01 | Dividend | $0.15 | -- |
| 2022-08-02 | Dividend | $0.15 | -- |
| 2022-05-03 | Dividend | $0.15 | -- |
| 2022-02-02 | Dividend | $0.15 | -- |
| 2021-11-01 | Dividend | $0.15 | -- |
| 2021-08-03 | Dividend | $0.15 | -- |
| 2021-05-04 | Dividend | $0.15 | -- |
| 2021-02-02 | Dividend | $0.15 | -- |
| 2020-11-02 | Dividend | $0.15 | -- |
| 2020-08-03 | Dividend | $0.15 | -- |
| 2020-05-11 | Dividend | $0.15 | -66.67% |
| 2020-02-10 | Dividend | $0.45 | -- |
| 2019-11-12 | Dividend | $0.45 | -- |
| 2019-08-12 | Dividend | $0.45 | -- |
| 2019-05-13 | Dividend | $0.45 | +9.76% |
| 2019-02-14 | Dividend | $0.41 | -- |
ETRN Dividends vs. Peers
ETRN's dividend yield currently ranks #57 of 178 vs. its peers in the Energy - Oil & Gas category.