EQM Midstream Partners LP (NYSE:EQM) declared a quarterly dividend on Tuesday, October 22nd, Fidelity reports. Investors of record on Friday, November 1st will be paid a dividend of 1.16 per share by the pipeline company on Wednesday, November 13th. This represents a $4.64 annualized dividend and a yield of 14.70%. The ex-dividend date of this dividend is Thursday, October 31st.
EQM stock traded down $0.06 during midday trading on Tuesday, reaching $31.57. The company had a trading volume of 501,781 shares, compared to its average volume of 789,660. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.43 and a quick ratio of 0.43. EQM Midstream Partners has a 1 year low of $28.44 and a 1 year high of $51.15. The company has a market capitalization of $6.74 billion, a P/E ratio of 6.23 and a beta of 0.97. The firm has a 50-day moving average price of $32.10 and a 200-day moving average price of $38.72.
EQM Midstream Partners (NYSE:EQM) last released its quarterly earnings results on Tuesday, July 30th. The pipeline company reported $0.93 EPS for the quarter, missing the Zacks’ consensus estimate of $0.97 by ($0.04). EQM Midstream Partners had a return on equity of 16.66% and a net margin of 32.78%. The company had revenue of $406.17 million during the quarter, compared to analysts’ expectations of $401.94 million. On average, equities analysts predict that EQM Midstream Partners will post 4.73 EPS for the current year.
EQM Midstream Partners Company Profile
EQM Midstream Partners, LP owns, operates, acquires, and develops midstream assets in the Appalachian Basin. It operates through three segments: Gathering, Transmission, and Water. As of December 31, 2018, the company owned approximately 700 miles of high-pressure gathering lines and 1,500 miles of Federal Energy Regulatory Commission (FERC) regulated low-pressure gathering lines; approximately 950 miles of FERC regulated interstate pipelines; and approximately 160 miles of pipelines.
Further Reading: Why do companies issue stock splits?
Receive News & Ratings for EQM Midstream Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EQM Midstream Partners and related companies with MarketBeat.com's FREE daily email newsletter.