ETRN - EQM Midstream Partners' 10.5% Yield Is Safe - For Now
EQM Midstream Partners (EQM) pays a massive 10.5% dividend yield. And its parent company, Equitrans Midstream Corp (ETRN), which owns 60% of EQM, pays a generous 8.75% yield. If the master limited partnership (EQM) manages just to continue paying its current distribution (even without a single raise), investors at the current price would have their full invested capital returned to them in under ten years.
But this leads to the question every investor should be asking about such a sky-high yield: Is it safe? Let's do some investigating to