Summit Midstream Partners (SMLP) Declares $0.575 Quarterly Dividend; 10.4% Yield

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Go back to Summit Midstream Partners (SMLP) Declares $0.575 Quarterly Dividend; 10.4% Yield

Summit Midstream Partners, LP Announces Second Quarter 2016 Distribution

July 21, 2016 5:31 PM EDT

THE WOODLANDS, Texas, July 21, 2016 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared a quarterly cash distribution of $0.575 per unit on all of its outstanding common units, or $2.30 per unit on an annualized basis, for the quarter ended June 30, 2016.  The distribution will be paid on August 12, 2016, to unitholders of record as of the close of business on August 5, 2016.

This quarterly distribution... More