Equitrans Midstream Announces Quarterly Dividends

Rhea-AI Summary

Equitrans Midstream Corporation (ETRN) announced quarterly cash dividends of $0.15 per common share and $0.4873 per Series A Preferred Stock for Q3 2020. These dividends are set to be paid on November 13, 2020, to shareholders on record by the close of business on November 3, 2020. ETRN continues to demonstrate its positioning in the Appalachian Basin, being a major natural gas gatherer in the U.S. This announcement reflects ETRN's commitment to returning value to its shareholders amidst a strategic focus on natural gas development.

Positive

• Declared quarterly cash dividend of $0.15 per common share and $0.4873 per Series A Preferred Stock.
• Dividends reinforce commitment to returning value to shareholders.
• Strong operational focus as a major natural gas gatherer in the U.S.

Negative

• None.

CANONSBURG, Pa.--(BUSINESS WIRE)--Equitrans Midstream Corporation (NYSE: ETRN) declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the third quarter 2020. The dividends will be paid on November 13, 2020, to the applicable ETRN shareholders of record at the close of business on November 3, 2020.

About Equitrans Midstream Corporation:

Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located assets in the Marcellus and Utica regions, ETRN has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.

For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.

Source: Equitrans Midstream Corporation