Equitrans Midstream Announces Quarterly Dividends

Rhea-AI Summary

Equitrans Midstream Corporation (NYSE: ETRN) announced quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the first quarter of 2021. These dividends are to be paid on May 14, 2021, to shareholders of record by the close of business on May 5, 2021. Known for its significant asset base in the Appalachian Basin, ETRN stands as a leading U.S. natural gas gatherer, focusing on gas transmission, storage, and water services to meet the growing demand for clean energy.

Positive

• Quarterly dividend of $0.15 per common share, indicating stable cash flow.
• Dividend payment reflects confidence in ongoing operational performance.

Negative

• None.

Equitrans Midstream Corporation (NYSE: ETRN) today declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the first quarter 2021. The dividends will be paid on May 14, 2021 to all applicable ETRN shareholders of record at the close of business on May 5, 2021.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20210427005936/en/

FAQ

What is the dividend amount for Equitrans Midstream Corporation (ETRN) for Q1 2021?

Equitrans Midstream Corporation declared a dividend of $0.15 per common share and $0.4873 per Series A Perpetual Convertible Preferred Stock for the first quarter of 2021.

When will the dividends be paid to ETRN shareholders?

The dividends will be paid on May 14, 2021, to shareholders of record as of May 5, 2021.

What is the significance of the dividend declaration for ETRN?

The dividend declaration signifies Equitrans Midstream's confidence in its operational performance and cash flow stability.

How does ETRN support clean energy development?

ETRN operates gas transmission and storage systems, helping to meet America's growing need for clean-burning energy.