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Equitrans Midstream Corporation (ETRN) has announced a quarterly cash dividend of $0.15 per common share and $0.4873 for Series A Perpetual Convertible Preferred Stock for Q4 2021. The dividends are set to be paid on February 14, 2022, to shareholders of record by February 3, 2022. ETRN, a significant natural gas gatherer in the U.S., operates primarily in the Appalachian Basin, focusing on gas transmission, storage, and related services. This distribution reflects the company's commitment to returning value to shareholders while maintaining its growth trajectory in the energy sector.
Positive
Quarterly cash dividend of $0.15 per common share enhances shareholder returns.
Quarterly cash dividend of $0.4873 per share of Series A Perpetual Convertible Preferred Stock supports preferred shareholders.
Negative
None.
CANONSBURG, Pa.--(BUSINESS WIRE)--
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 fourth quarter 2021. The dividends will be paid on February 14, 2022, to all applicable ETRN shareholders of record at the close of business on February 3, 2022.
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.
