DV
Dividend Vision

SMC — Summit Midstream Corporation

Summit Midstream Corporation (SMC)

Total return is -76.6% over the past 13.9 years, 660.4 points behind SPY at 583.8%. Its deepest 1-year drawdown was 18.3%.

Summit Midstream Corporation owns and operates midstream energy infrastructure assets across the continental United States, including natural gas and crude oil gathering systems and transmission pipelines serving producers in shale formations. The company does not currently distribute to shareholders. This business appeals to investors seeking exposure to midstream energy infrastructure, though it differs from traditional dividend-paying equities given its current lack of distributions.

SMC key facts

Asset type
Stock
Asset class
Equity
Inception date
09/28/2012
Distribution frequency
Quarterly
5-year average yield
27.22
Last close
$34.96
Market cap
$401,443,136
Average volume
49200.0
Ex-dividend date
02/06/2020
Payment date
02/14/2020
Beta
0.74
Payout ratio
0.0
Forward P/E
5.4407
EPS
$-1.86