ETRN - Examining Midstream C-Corp Dividends As Yields Rival Historical MLP Yields
Given their greater income, we have typically prioritized MLPs in our research covering yields and distributions (read more). However, the recent sell-off and consequential increase in the yields of the broader midstream space has prompted many income-oriented investors to consider both energy infrastructure MLPs and their historically lower-yielding C-Corp counterparts. The Alerian Midstream Energy Select Index (AMEI), which has a 75% weighting to US and Canadian midstream corporations and 25% weighting to midstream MLPs, has yielded 5.3% on average since inception in April 2013. For context, this compares to an average yield of